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> The rumor mill has it LFG directly rescued a few whales in the first sign of crisis. This is a very serious accusation I'd urge no one proclaim without definite proof.

What would it change to have that information? Afaict none of this is regulated in any regard so if that happened, would there be any impact what so ever?



> Afaict none of this is regulated in any regard

I'm not saying they're applicable here - but off the top of my head, money laundering, taxes, and fraud regulations still apply to crypto (at least in the US). The moneylaundering/taxes are rather explicitly stated, the fraud regulations apply regardless of what the thing is.


> Afaict none of this is regulated in any regard so if that happened, would there be any impact what so ever?

Many laws and regulations that were written before cryptocurrency existed still apply to cryptocurrency.

People can't do an end-run around existing laws by wrapping crimes in cryptocurrencies and pretending laws don't apply to them.


Apply but aren’t enforced


In Singapore? Maybe that's not where some relevant parties are. I'm not a lawyer. I'm sure there are more things in this world that can cause impact besides existing regulation though.




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