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If this administration sets up a task force to go after the actual extractive fraud in crypto and they don’t touch anyone at least attempting to do real stuff, we gonna have a crypto golden age
Good. The big difference is that under this administration they'll go after actual fraud, not literally the best, most ethical, companies and protocols in crypto. https://t.co/3T37n4w76w
Federal agencies should take all of the enforcement lawyers previously assigned to harass upstanding crypto companies over theoretical regulatory violations and redirect them to investigating and prosecuting *actual fraud* involving token scams. Literally everyone wants this.
Recent discussions among cryptocurrency experts highlight a shift in focus for federal agencies under the Trump administration regarding crypto regulation. The emphasis is expected to move from targeting reputable companies over theoretical violations to investigating actual fraud, particularly in relation to token scams. Experts express optimism that this change could pave the way for a more favorable environment for ethical crypto businesses. Several commentators noted that redirecting enforcement efforts toward genuine fraud cases could lead to a 'crypto golden age,' benefiting the industry as a whole.
