Musk responded to the SEC indictment by saying that the SEC is a completely broken organization, they spend their time on this kind of thing, and there are so many real crimes that go unpunished. (Jin Ten)
After the market maker Gotbit was sued by the US government, Beercoin and the WaterCoin project have successively clarified that they have changed market makers, claiming that they have nothing to do with Gotbit. Beercoin announced that it has long stopped cooperating, and WaterCoin said that it changed market makers after the project was launched due to doubts about Gotbit's integrity. However, community users have questioned the clarification of the two projects. In addition, Lookonchain point...
BitClout founder Nader Al-Naji has been charged by the Securities Exchange Commission with running a multi-million dollar fraudulent crypto asset scheme involving a social media platform called BitClout and its namesake native token, BTCLT. The Securities Exchange Commission alleged that Al-Naji raised more than $257 million through unregistered BTCLT offerings and sales, while falsely claiming that the proceeds would not be used to compensate him or other BitClout employees. In fact, Al-Naji wi...