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Home » Why are some lawmakers trying to revive the crypto scam? – Las Vegas Sun

Why are some lawmakers trying to revive the crypto scam? – Las Vegas Sun

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By Michael HiltzikFriday, Dec. 1, 2023 | 2 a.m. For crypto, November was the cruelest month. Things got started with a blast Nov. 2, when scam artist Sam Bankman-Fried was convicted on seven fraud and conspiracy counts related to his management of the once-upward scuttling crypto exchange FTX. Matters didn’t get any better after that. On Nov. 20, the Securities and Exchange Commission charged the crypto trading platform Kraken with a raft of legal violations. The SEC alleges that Kraken has been operating simultaneously as a crypto “broker, dealer, exchange and clearing agency,” which present potential conflicts of interest that work… 

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