Post by
arh0070 on Mar 27, 2023 11:10am
Thomas post
Well its good to hear from Thomas after a long break .I thought he had been "redeployed".
In his post he admits that the company was in fact formally audited ,presumably by a government entity .
I dont think (but I might be wrong)that the company has actually admitted to this before .
Not sure who requested the audit ,presumably the provincial government or federal government tax authorities.
This is a problem for all Crypto related entities both in Canada and especially the Us that the regulatory authorities are basically trying to shut down Crypto .Just look at Coinbase news to see what I mean .The government,the SEC and tax authorities want control over everything and Crypto is currently outside thier control.
Impossible to know where this will end ,the SEC in the US is run by a liberal democrat who is leading the charge egged on by people like Bernie Sanders et al .
The good news is that Bitcoin and to a lesser extent Ethe have rallied strongly so trading volumes will have increased.Alt coins still very bad.