The United States Securities and Exchange Commission has once again delayed its ruling on whether to approve Grayscale’s application for a Bitcoin exchange-traded fund , citing familiar concerns around manipulation, liquidity and transparency.
concerns about how the digital asset manager intends to convert its Grayscale Bitcoin Trust into a spot ETF. Namely, the regulator wasn’t convinced that Grayscale’s proposal was designed to prevent alleged fraud and manipulation in the Bitcoin market. The SEC has invited the public to comment on these issues, giving interested parties 21 days to respond in writing.
SEC is not protecting the people, but only protecting the Wall Street bankster MAFIA. They are bribed with high incentives for highly paid jobs at the banks after the responsible executives leave the SEC.
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So is there fraud in the SEC departments ?
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