Fire Gary Gensler. he is pushing the future of technology off of American Shores the benefit of every other country on earth.
@ZK_shark
The below clip is from a Fall 2018 Graduate MIT course called
“Blockchain and Money” Gary Gensler – the current President of the SEC,
was the professor. Once again, I will let the below video speak for itself.
Lecture 6: Smart Contracts and DAPPs– September 25, 2018
“In 2018, the Securities and Exchange Commission has said regardless of what it might have been in ’14, ‘ ‘ .” – Gary Gensler
@SenWarren is this your man?
Gensler 2008
ERCOT responded to @SenWarren’s letter last year, here are some gems
“[#Bitcoin] miners do not receive subsidies or any other special treatment from ERCOT. To the extent recent media reports have suggested otherwise, those reports are not correct.”
“Certain media reports cited in your letter suggest that some [#bitcoin] mining operations in the ERCOT region have entered into power purchase or curtailment agreements with ERCOT. That is not true.”
https://twitter.com/BitcoinPierre/status/1651785949372723200
Feds lob $1.5 million penalty against SD-based trust company
https://listen.sdpb.org/business-economics/2023-04-27/feds-lob-1-5-million-penalty-against-sd-based-trust-company
A federal agency is fining a trust company registered in South Dakota.
The Financial Crimes Enforcement Network, or FinCEN, is assessing the $1.5 million fine against The Kingdom Trust Company for what they describe as willful violations of the Bank Secrecy Act. That law requires financial institutions to report suspicious transactions.
It’s the first enforcement action the agency has taken against a trust company.
The Kingdom Trust is a South Dakota-chartered trust company, though the bulk of its employees reside in southwestern Kentucky. Representatives with the company have not returned requests for comment.
According to a FinCEN consent order, the fine stems from Kingdom Trust’s failure to report hundreds of transactions involving suspicious activities by its customers, “particularly with respect to high-risk customers whose businesses pose an elevated risk of money laundering.”