We need all crypto executives to begin sizing up jumpsuits for their role in creating unregulated crypto companies that do nothing other than scam people.
The wheels of justice turn slowly, but they still grind these scammers into jail. This is just the start.
"August 10, 2023 -- Bittrex settles with SEC for $24 million"
"August 7, 2023 -- Bitsonic CEO arrested for allegedly stealing $7.5 million"
"August 7, 2023 -- Rumors swirl that Huobi executives have been arrested, exchange is insolvent,"
"August 7, 2023 -- Worldcoin warehouse in Nairobi raided by authorities"[1]
Crypto companies are running out of safe havens for unregulated activity. SBF was arrested in the Bahamas. Mainland China shut down most of the Bitcoin miners. Britain finally decided that the Financial Crimes Authority, not the Gambling Commission, had jurisdiction over crypto. The SEC and the CFTC stopped feuding and decided to just handle it as ordinary crime. Cyprus stopped being the safe haven for financial crime within the EU. There's still Bulgaria and Israel, and maybe Russia, but operating in those countries has its own problems.
https://www.news.gov.hk/eng/2022/10/20221031/20221031_102428...
You're describing "isn't touchable by laws". Which means crime.
Also whether or not you like speculation, many people do and it’s not a crime.