#shorts
CFTC Chairman, Rostin Behnam, discusses putting into place potential safeguards regarding crypto firm services. Chairman Behnam spoke at the FTX Senate hearing on December 1, 2022.
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Chairman Behnam is describing exactly the kind of relationship JP Morgan Chase has as custodian of the COMEX which the CFTC currently fails to regulate. They are custodian, market maker, lender, and futures derivatives price setter – already convicted in federal court for precious metals price manipulation. Is he just mad the CFTC isn’t getting a cut of the crypto scam?
Cryptocurrency means very critical currency. You can see it but unable to touch it!
One critical safeguard would be not putting your money in digital monopoly money.
☝️FOR PROFITABLE INVESTMENT 📊.