🚨 JUST IN: $ZAMA | GENIUS Act Raises Big Alarm 🚨
New York AG Letitia James and 4 District Attorneys have issued a serious warning regarding the GENIUS Act ⚠️ — they say that this law could provide “legal cover” for stablecoin fraud.
📌 According to CNN:
Prosecutors claim that issuers like Tether ($USDT ) and Circle ($USDC ) have an incentive to selectively freeze funds —
💰 continuing to profit
🚫 and not fully cooperating with law enforcement
🧨 Shocking claim:
“Funds that are stolen or converted into USDT are never frozen, seized, or returned.”
🤔 The question is:
Is this act protecting innovation —
or is it silently enabling fraud?
👇 What do you think? Is regulation necessary or is this an attack on crypto freedom?
💬 Comment and start the discussion!
#CryptoNews #GENIUSAct #Stablecoins #USDT #USDC #BlockchainRegulation #BreakingNews 🚀
