Algorand Foundation CEO on Crypto-Staking After Kraken’s SEC Settlement

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'They're being punished as opposed to given guidance,' AlgoFoundation CEO StaciW_DC says, commenting on the SECgov's enforcement actions on krankenfx's U.S. staking service. She weighs in on the staking controversy:

Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission would like to ban retail investors from engaging in cryptocurrency staking.

 

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algorand411 AlgoFoundation StaciW_DC SECGov krankenfx Guidance: existing laws still apply 🤣

AlgoFoundation StaciW_DC SECGov krankenfx Totally. The lack of clarity is meant to lead to punishment. They settled and pocketed a lot of money and will continue to do so. This allows everyone in the competition to be on a grey zone and then be demanded millions to avoid further actions

AlgoFoundation StaciW_DC SECGov krankenfx 'Who said that YOU were allowed to make your own money and storage systems?' - The Oligarchy

AlgoFoundation StaciW_DC SECGov krankenfx C👀l ,congrats! Staci is everywhere 😅 doing an amazing work for the entire Ⱥlgorand ecosystem ,along with other brilliant ppl 👏

AlgoFoundation StaciW_DC SECGov krankenfx SECGov is run by corrupt garbage. They exist to protect banks and help screw retail investors

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