Rich Stein (he/him)
"What is surprising is the degree to which Binance executives spoke candidly in writing about their plans to evade regulations." Great read by @molly0xfff about the shenanigans of #crypto giant, Binance. I suggest the bros there hire the Car Talk guys' lawyers, if available: Dewey, Cheetham & Howe. 🤦 https://newsletter.mollywhite.net/p/sec-v-binance-we-are-operating-as
SEC v. Binance: "A web of deception"

The SEC describes the company's "blatant disregard of the federal securities laws".

Molly White
Jun 6, 2023 at 4:19pmWeb
Show threadGeorgeJun 6, 2023
@RichStein @molly0xfff This lax vigilance from Binance, and the ease with which prosecution scooped up tons of evidence on SBF/FTX makes me wonder if the one term presidency of the unregistered sex offender lulled the klepto kiddies into carelessness. Older bankers are more discrete.
Show threadMy camera shoots fascistsJun 6, 2023

@RichStein @molly0xfff

If this were the plot of a finance crime thriller, it would be rejected by every publisher as being too cartoonish.