The Dow Report and the SEC's Discussion on Cryptocurrencies

The SEC has basically said that they want these exchanges to come in and basically act like securities exchanges. And none of them really want to do that because that's a far less profitable and beneficial model for them. Hindenburg Research, which has been at the helm of quite a few intense shorts and productive shorts in terms of like money making, released a report on Jack Dorsey's FinTech cash app kind of company. Basically suggesting that they are moving a KYC AML free money, doing fraud, doing the fraud,doing the fraud, doing law breaking.