Recently, the big news has come out that after SBF (FTX), CZ Binance, and Terra ($USTC) Coin, now SEC can target Vitalik Buterin, Justin Sun, and Altcoin whales. The SEC and the US Congress are also planning to further target accused Crypto Whales, Bitcoin Crypto Exchanges, Blockchain Founders, Node Developers, and many more. So now it seems that before Bitcoin ETFs and Bitcoin halving, the SEC, European Union, and major banks and securities will probably target the entire crypto industry on a big level. and maybe the Bitcoin price will fall or not at all, but on the commissions of Crypto Is going to take over. You can see this from the recent actions like SBF (FTX), CZ Binance, and Terra Community. So will Crypto Exchanges protect your portfolio, investments, and Forex/Crypto trade? – Or could keeping funds on Binance, FTX, Coinbase, and larger crypto exchanges be risky for you? – This means that we have seen in the last few FTX and many crypto exchanges that they have almost chewed up all the money of the investors.
Why Should you move your Crypto Assets, NFTs, and Altcoins into Ledger, Metamask, and Cold wallets?
Because even Justin Sun and Vitalik Buterin and big Altcoin, crypto, and Bitcoin whales can now be caught in this new issue by SEC and you may have to transfer into Cold Wallet, Ledger Wallet, and Metamask for the safety of your money or investment. Another transfer should be done if you do not want your big investments or funds to be harmed by major changes. If any centralized crypto exchange comes in danger, it can create a lot of problems for investors, traders, and the future. So now Vitalik Buterin, Justin Sun, Bitcoin Whales, and top crypto investors have also been accused in the SEC and we will get to see other big major changes in crypto whales. First SBF, CZ Binance, and now Vitalik Buterin (Ethereum Founder), and Bitcoin Whales will also be targeted in which SEC has the power to collect up to 50% tax. Recently SEC has also taken action against Justin Sun and Justin Sun has only Ethereum, TRX, Wink, BTTC, and quite a few altcoins. but if Justin is charged like Binance and SBF then the future will be very bad for Tron Blockchain. SEC may Accuse all Crypto Exchanges, Forex/Crypto platforms, Decentralized currencies, Cryptgraphy Creators, Crypto Founders, and Community.