To elaborate, Superstate's compliance with the SEC is the compliance of a "transfer agent," which aims to track ownership, issue or redeem shares, and distribute dividends. This is not the SEC's STO filing. Of course, for cryptocurrency users, compliance is all nonsense, I agree, but since certain platforms are not compliant, there is no need to masquerade as compliant every day.

When it comes to compliance issues, they excuse themselves by saying that compliance in the cryptocurrency space is meaningless, that it is all a mess, and they also say that exchanges used to be non-compliant, which is a self-sabotaging thing to do. No one says anything about non-compliance, but to be inherently non-compliant and insist on being compliant while failing to provide compliance evidence is just self-deception.

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