When Will They Ever Learn? CFTC Finally Notices Polymarket Is a Glorious Trainwreck and Still Nobody’s Stopped the Crypto Carnage!

With all due respect (not really), it’s about time someone took a closer look at the dumpster fire that is cryptocurrency. The CFTC eyeing Polymarket? Finally! This offshore betting platform has been raking in dough from unsuspecting punters, and now they’re getting some heat for not playing by the rules. Meanwhile, over on the SEC side of things, regulators have taken action against crypto scammers who’ve managed to swindle almost $3.2 million from investors. I mean, what’s a few hundred thousand here or there when you can make off with millions? The German government has also joined in on the fun by shutting down 47 cryptocurrency exchanges for facilitating an ‘underground economy’ where cybercrooks could launder their ill-gotten gains. And if that wasn’t enough, US federal agents have arrested two men who allegedly stole $230 million worth of Bitcoin from a poor soul in Washington D.C. I mean, it’s not like they didn’t see this coming – after all, cryptocurrency is just numbers on a computer created out of thin air by people with no inherent value or skill.