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Saturday, January 07, 2023 4:55:08 PM
Scrutinizing is not an official SEC investigation. Probing or asking questions would be better wording. If they do open investigation (IF!) (right now this is not official from the SEC, just a news media leak) How in the hell would that crash BTC? Holdings were already dumped, that's why we are at $16K . Almost all institutional holdings are out of BTC.... But let's see that actual news article . No one is accused of anything yet .... From what little is known, they are looking into the lending of crypto. THERE ARE NO CHARGES. This could go on for years .... no one is hiding, full cooperation. FTX was a totally different situation. One person stole money and laundered through Ukraine government back to an American political party. I bet you anything FTX is swept up under the rug and absolutely nothing will come of it other than the front man going to federal pen for a vacation. His mommy & daddy are big time Democrat lawyers. Too many high-profile politicians would go to jail.
BTC bulls are more than used to this type of FUD. It will not "crash" BTC
Federal prosecutors in Brooklyn are scrutinizing transfers between Digital Currency Group Inc (DCG) and an embattled subsidiary that offers crypto lending services, said the people, who asked not to be named because the probe hasn’t been made public. They’re also delving into what investors were told about those transactions.
Prosecutors have started requesting interviews and documents, one of the people said. The Securities and Exchange Commission is also conducting an investigation, another person said. The probes are in early phases and neither Silbert, Digital Currency Group, nor any of its subsidiaries have been accused of wrongdoing.
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Do your own DD, my posts are highly opinionated. If you do not agree with my posts, feel free to block me. I am not an investment professional nor do I give investing advice. You alone are responsible for your investments
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