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Tangurena2 • today at 12:51 PM • 3 replies • view on HN

It is easier for the SEC to investigate futures, stocks & options. Some of the prediction/gambling markets use crypto and do not participate in "Know Your Customer" regulations.

Replies

bregma • today at 2:44 PM

    Step 1: Gut the SEC
    Step 2: Buy $100,000,000 in oil futures 15 minutes before bombing starts
    Step 3: ???
    Step 4: PROFIT!!!
skippyboxedhero • today at 2:01 PM

It is far easier in crypto. It is much more difficult in futures...as the case of a recent repeat Presidential candidate showed.

That will change when people realise crypto isn't anonymous...but that day isn't today.

derwiki • today at 1:02 PM

They’re doing money transmission and they’re not doing KYC? Is that illegal or “really frowned upon”?