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I'm tired, let's first clarify the issue of your frozen channels. It seems like no one knows whether it's a problem with user funds or your upstream channels. If you are completely compliant, why would your upstream channels have issues? Secondly, I never said you were a compliant exchange in the United States. The problem is that you yourselves claim to be a compliant exchange, not me. I've told many of your colleagues that if you didn't claim to be a compliant exchange, I wouldn't say a word. Who was it that claimed to be a compliant exchange with SEC registration and MSB, if not you? Officially obtaining the qualification to issue security tokens in the United States, wasn't that also claimed by you? This image wasn't photoshopped by me, right? It's still pinned on your own page. Then, how come you're not talking about Fidelity's $50 million? Tell me, why do you think just having a so-called "asset proof" means you're under Fidelity's custody? Do you believe Fidelity won't sue you? There's no problem with being non-compliant; many in the crypto space are non-compliant. That's normal, but if you're not compliant yet insist on waving the compliance flag, that's called fraud, and it's called fraud anywhere. Additionally, I suggest that instead of arguing with me, you should first deal with your upstream channels. Their investigation of you is the real deal. Wasting effort on me won't help you one bit.

Dr. 404
@xrxrisme69677
tl;dr - Reg D + MSB ≠ full license” is not worth arguing about, and it doesn’t conflict with the current Reg S path targeting non-US investors. They haven’t claimed to be US-licensed and compliant either. - First, establish compliance boundaries, then gradually obtain licenses x.com/Phyrex_Ni/stat…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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