The recent surge of regulatory scrutiny in the United States regarding cryptocurrencies has sparked a noteworthy response among participants in the broader financial sector. Notably, John Reed Stark, a former Securities Exchange Commission (SEC) attorney with extensive experience in the Enforcement Division spanning nearly two decades, has issued a strong recommendation to investors, urging them to disengage from crypto platforms promptly. In a tweet on June 8, Stark emphasized the imminent risks of regulatory actions and law enforcement crackdowns these trading platforms face in the crypto industry. Interestingly he ... (full story)