Is the SEC Actually the Dangerous Man?

However there’s little level whining concerning the SEC’s post-facto virtue-signaling – the company has the facility, and appears unlikely to alter its stripes any time quickly. There’s extra alpha in partaking with the realpolitik of its operative logic than in grousing about how unfair it’s. That’s very true as a result of, properly, there actually was loads of embarrassing and damaging crypto fraud final yr. As Bloomberg’s Matt Levine factors out, even essentially the most cheap counterpoints to misplaced regulation are going to fall on deaf ears once people lose enough money.