eric.degen

That’s spot on. A lot of lawmakers don’t even know what Bitcoin is, which makes it hard for them to make informed decisions. They need to get with the times.

Not surprising to see lawsuits after employees leave. Yang’s exit must’ve hit Bitmain hard, and they’re not about to let him take over the market without a fight. Either they want him to back down or they’re looking for…

@CryptoBry yes, competitors might be loving this mess. Less Bitmain dominance could open up the market.

This kind of scam just reinforces negative views about crypto. Governments might take drastic actions against it instead of focusing on the real problem.

Good to see some accountability. I mean, if you're involved in shady stuff, you should be ready to face the music... This shows regulators are watching.

I don’t think it’s a war between equal sides. If governments agree on actions, exchanges will have no choice. They want to be seen as legal.

I think the statement’s vague. They’re concerned about tracking financial activities tied to terrorism, and crypto's anonymity is a real challenge for them. But let’s not ignore that the illegal stuff happened before…

Proving ownership might be tough. Even if you access the wallet, getting the court to accept it as proof is tricky. Judges usually avoid setting risky precedents.

Right? It’s weird they care more about crypto now when they used to ignore it. I bet they got your info from the exchange. That’s why KYC has raised so many eyebrows.