4 ms·
He understood the transactions were traceable: everything he did is okay when operating under a consumer product framework and not a securities framework. So w
by rolltiide 7y ago
He understood the transactions were traceable: everything he did is okay when operating under a consumer product framework and not a securities framework.
So when moved to securities framework unilaterally by the SEC, then all prior actions and current actions are put under scrutiny too to rationalize putting the prior asset sale as a security
There is another perspective and that hearing is reportedly in a few weeks. Its not to disagree with the SEC over securities status, just to come to more agreeable terms over the emergency order and understand why people acted the way they did, instead of a broad paintbrush of malice as described by this docket.