11-16-2021, 04:10 AM
The S.E.C doesn't give two shits about Celebs endorsing scams, but they want to know
<!-- SC_OFF --><div class="md"><p>Long have I wondered about why the SEC never investigated the celebrities who rob their fans in broad daylight.</p> <p>While the celebs barely even try to hide their scams, the SEC is too busy trying to figure out which coins we should or shouldn't buy.</p> <p>It's not just the <strong>"influencers"</strong> who can get admittedly get lost in the masses, but very well-known rappers and celebrities like <strong>SnoopDogg</strong> pushing obvious scams to their fans.</p> <p>You might think what's wrong with it, and here comes the issue; they never mark those "shills" as <strong>ads</strong>. Anyone who gets paid to talk about something, even a cryptocurrency is obligated to mark their post as an advert or admit they're getting paid to shill it.</p> <p>SnoopDogg, Lil Uzi, and many others never did that in their Instagram/Twitter ads, they even go as far as deleting the posts after the <strong>scam/rug pull</strong> has taken place.</p> <p>News Publications like CNBC, Nytimes, Forbes, push meme cryptocurrencies like Squid Game to the people advertising it, without a fraction of research.</p> <p>They want the click-bait headlines so they get website traffic, <strong>we're no longer in the 2015 era of crypto, this is serious stuff and people are being misguided by the rich.</strong></p> <p>All of this could be avoided if the SEC actually did their <strong>job</strong> and fined somebody to make others stop, they have the jurisdiction to do so. </p> <p>Thus one is left to wonder why they're leaving it be, and sometimes the answers are right there in our face that we can't see it. </p> <blockquote> <p><strong>SEC wants you to lose your money so they can push to regulate cryptocurrencies.</strong></p> </blockquote> <p>They don't go after these celebs as they need them to use it as an "I told you so'" card, <strong>they don't do their job as a regulatory authority to protect the citizens' interest because they want you to stop investing in crypto or at least make it hard to do so.</strong></p> <p>After the SEC regulates the crypto world, <strong>the celebs don't give two shits about it anymore</strong>, since they made more money out of it than in their lifetime.</p> <blockquote> <p>The rich remain rich bending the rules to their will while the poor are left to eat the dust, that's how the world works.</p> </blockquote> <p>I'm all in for regulations especially when it stops people from investing in scam tokens, but the S.E.C has the gun pointed at the wrong target, <strong>us</strong>.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/_DEDSEC_"> /u/_DEDSEC_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/quhquc/the_sec_doesnt_give_two_shits_about_celebs/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/quhquc/the_sec_doesnt_give_two_shits_about_celebs/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Long have I wondered about why the SEC never investigated the celebrities who rob their fans in broad daylight.</p> <p>While the celebs barely even try to hide their scams, the SEC is too busy trying to figure out which coins we should or shouldn't buy.</p> <p>It's not just the <strong>"influencers"</strong> who can get admittedly get lost in the masses, but very well-known rappers and celebrities like <strong>SnoopDogg</strong> pushing obvious scams to their fans.</p> <p>You might think what's wrong with it, and here comes the issue; they never mark those "shills" as <strong>ads</strong>. Anyone who gets paid to talk about something, even a cryptocurrency is obligated to mark their post as an advert or admit they're getting paid to shill it.</p> <p>SnoopDogg, Lil Uzi, and many others never did that in their Instagram/Twitter ads, they even go as far as deleting the posts after the <strong>scam/rug pull</strong> has taken place.</p> <p>News Publications like CNBC, Nytimes, Forbes, push meme cryptocurrencies like Squid Game to the people advertising it, without a fraction of research.</p> <p>They want the click-bait headlines so they get website traffic, <strong>we're no longer in the 2015 era of crypto, this is serious stuff and people are being misguided by the rich.</strong></p> <p>All of this could be avoided if the SEC actually did their <strong>job</strong> and fined somebody to make others stop, they have the jurisdiction to do so. </p> <p>Thus one is left to wonder why they're leaving it be, and sometimes the answers are right there in our face that we can't see it. </p> <blockquote> <p><strong>SEC wants you to lose your money so they can push to regulate cryptocurrencies.</strong></p> </blockquote> <p>They don't go after these celebs as they need them to use it as an "I told you so'" card, <strong>they don't do their job as a regulatory authority to protect the citizens' interest because they want you to stop investing in crypto or at least make it hard to do so.</strong></p> <p>After the SEC regulates the crypto world, <strong>the celebs don't give two shits about it anymore</strong>, since they made more money out of it than in their lifetime.</p> <blockquote> <p>The rich remain rich bending the rules to their will while the poor are left to eat the dust, that's how the world works.</p> </blockquote> <p>I'm all in for regulations especially when it stops people from investing in scam tokens, but the S.E.C has the gun pointed at the wrong target, <strong>us</strong>.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/_DEDSEC_"> /u/_DEDSEC_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/quhquc/the_sec_doesnt_give_two_shits_about_celebs/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/quhquc/the_sec_doesnt_give_two_shits_about_celebs/">[comments]</a></span>Kind Regards R