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Sure, all I'm saying is that if this is the SEC signaling that they're going to go after Tether next then that's a lot more interesting.

Exactly, That's the brutal truth behind all the reactions and outrage in this thread.

Since the SEC is going after Do Kwon, it tells us that they are not letting him get away with his exit scam. That is the point. After this, I will expect more regulations [0] to come forward and will especially impact Tether. That would be interesting.

Not only that, this will wipe out the useless token projects with no use or utility but the compliant cryptocurrencies like the ones in ISO 20020 with continue to survive.

These cryptocurrencies are not all going to be as the critics keep saying; 'totally destoryed' 100% banned entirely and instead they will continue to co-exist with the current system rather than 'overthrow' it. It's here to stay I'm afraid.

[0] https://www.pymnts.com/cryptocurrency/2022/push-to-regulate-...

Sure, but this has wider implications beyond a single example.

Ethically dubious, sure. But legally?