SEC issues strongly worded warning on unregulated cryptocurrency exchanges, saying “many” appear SEC-approved when they aren't; Bitcoin is down 8%+
Divisions of Enforcement and Trading and Markets Jack Morse / Mashable : Bitcoin drops below $10K following SEC warning and Binance hack rumors Graham Rapier / Business Insider : Binance cryptocurrency exchange says it's investigating “unauthorized market sells”, halts withdrawals, and denies rumors it was hacked Stephen Shankland / CNET : Bitcoin plunges after SEC warns about cryptocurrency exchanges Tweets: @ldrogen : How you gonna prosecute an offshore exchange trading in global cryptocurrency assets that aren't “listed” anywhere? The entire idea of the SEC being able to regulate crypto exchanges is a bit odd. http://twitter.com/...