Major exchanges have been broadsided by the SEC, including Binance and Coinbase just recently. Is Tether going to be the next port of call for the SEC?
SEC master plan
All the grandmasters of chess were able to think many moves ahead and thus lay ambushes for their opponents. While the SEC can hardly be likened to a grandmaster, it probably has it in mind that in order to cause the most consternation in the crypto world a Wells Notice for Tether would be a good move.
The SEC, led by its captain Gary Gensler, isn’t the fastest moving or rapier like opponent for crypto, but it does have bludgeoning force. Sending in a suit against Binance was like a typhoon. Then pouring it on by suing Coinbase was akin to a hurricane. Going next for Tether would hit the crypto markets like a tsunami.
Choppy seas remain
Currently, the crypto market is in rather stormy waters. Bitcoin suffered a 6.4% fall on Tuesday when the Coinbase news came roaring in. The rest of the crypto market followed suit and
We współpracy z: https://cryptodaily.co.uk/2023/06/as-the-crypto-ship-steadies-is-tether-next
