The collapse of FTX has drawn the attention of many regulators around the world, and many people are now demanding that the SEC get more involved with policing the crypto industry.
The SEC completely failed to regulate FTX
The collapse of FTX was something that the SEC completely failed to regulate. There were many reasons for this, not least of which that FTX was headquartered in the Bahamas, and was therefore not liable to lots of the restrictions that they would have had to confront had they been in the US.
However, there still ought to have been more disclosures and due process: FTX had no CFO or board of directors, with the CEO Sam Bankman-Fried controlling almost everything without appropriate checks and balances.
SBF had suspicious links with regulators, including the SEC
One of the more concerning parts of the FTX story has been the fact that SBF was one of the main lobbyists in the crypto arena that was talking with regulators.
Not only was he giving speeches to Congress about transparency (the hypocrisy is incredible), but he was also actively lobbying for regulation that would make it harder for decentralised alternatives to compete.
Strangely, Gary Gensler (who didn’t investigate the second largest exchange in the world but did investigate Kim Kardashian), used to work for the father of SBF’s girlfriend, which has led to rumours that the level of corruption at play could have been worse than previously imagined.
Dash 2 Trade gives investors all the information they need for trading
Dash 2 Trade is a platform that helps traders to make the right decisions in the market, even if the SEC won’t.
By providing traders with a range of tools for gauging the state of the markets, Dash 2 Trade ensure that traders are well-equipped to navigate entropic conditions.
In additional to technical analysis, traders can only come equipped with a wide variety of data about sentiments an even curate their own automated trading strategies.
— Dash 2 Trade (@dash2_trade) November 18, 2022
Traders can also participate in presales
The Dash 2 Trade platform also allows traders to participate in presales, which are one of the areas of crypto that allow retail investors to invest in projects in the earliest stages.
Presales on the Dash 2 Trade platform are a great way for projects to raise initial capital with a community, and for speculators to reap the rewards of investing at the earliest stages of a project.
The D2T presale is currently live
The D2T presale is currently live on their website, with the token selling out extremely quickly.
Thus far, the presale has already managed to raise $6.4m, which is particularly impressive when one considers that we are currently in the depths of a bear market.
Those who wish to participate in the presale can now do so on the Dash 2 Trade website.
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