Some call it a state attack, some mere regulation because CZ is a scammy fuck.
Discussion
But since it coincides with the bankruns, I suspect the former to have the most weight.
What regulation? I don’t pay attention to this stuff
They sued him for a whole bunch of things.
being sued by the US Commodity Futures Trading Commission for allegedly breaking trading and derivatives rules and with violating laws around offering futures transactions, “illegal off-exchange commodity options,” failing to register as a futures commissions merchant, designated contract market or swap execution facility, poorly supervising its business, not implementing know-your-customer or anti-money laundering processes and having a poor anti-evasion program.
