Ethereum

A hidden gem in the CFTC's KuCoin complaint today.

It may seem minor, but this is actually pretty savage by DC standards. While the SEC tries to signal that ETH is a security, the CFTC shows up to say clearly and loudly: "this issue is settled, ETH is ours, back off." LTC is a cherry on top.

SEC vs. CFTC cold war:

Freedom Factory | @ethos Ethereum mobile operating system. North maxi.🏰

Yes. The strange part is unequivocally the SEC trying to ignite a civil war within the Biden administration during an election year 🙃

Perhaps it’s not surprising that another agency will not simply let another ignore written law and case law both, in an attempt to subvert its own mandate under law. In a way, it would it be strange if the CTFC didn’t tell the SEC to sit down, as it would itself violate law by refraining? 🤔

Independent Ethereum educator, angel investor and advisor. 

Founder of /thedailygwei.

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