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SEC Coinbase Case Updates | KuCoin Criminal Charges | Crypto Town Hall

The Wolf Of All Streets

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Government Crackdown on Non-Compliant Cryptocurrency Platforms

The chapter explores the SEC's rigorous enforcement actions against cryptocurrency platforms not complying with regulations, highlighting a prominent case where an exchange faced charges for allowing U.S. citizens to trade without KYC. It discusses the implications for VPN usage in bypassing compliance measures and the potential legal complexities arising from money laundering charges. The conversation reveals frustrations with regulatory bodies and highlights varying responses from exchanges towards enforcing compliance with US laws.

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