If this is true, dear friends, it is now the ultimate confirmation for all scammers that they can do whatever they want. The #SEC no longer exists. This is not bullish. This is a sad announcement. But after $TRUMP, it was predictable that the laws would be "adjusted."
But what does this mean? 👇👇👇
If #meme coins are not classified as securities, the SEC has fewer legal means to act against fraud, insider trading, or market manipulation involving these tokens.
This essentially gives #scammers the green light, as meme coins are often used for rug pulls and pump-and-dump schemes.
Exchanges are no longer bound by strict securities regulations when listing meme coins.
This could lead to an even greater influx of meme coins on Binance, Coinbase, and other major platforms.
But there is one big BUT: This only applies to the #USA . If you want to scam, you’ll have to move there now.
#crypto
