But as investors’ losses mount and enforcers’ expanded crypto arms get to work, it looks like a day of reckoning is finally coming for some of these companies, which have been operating in a space with few rules. The outright scams, obviously, weren’t following the rules at all. But some of the more legitimate companies, allegedly, have played fast and loose with them too.
“The arrogance and the hubris in the realm of crypto is so beyond measure,” Stark said. “They’re always belligerent, combative, and calling the SEC sketchy.”
‘Enforcement 40’ for 2020
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