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SEC's actual power is extremely limited. -- This is why e.g. with ICO scams you see them taking no action at all or imposing a fine that is just a cost-of-doin
by nullc 5y ago
SEC's actual power is extremely limited. -- This is why e.g. with ICO scams you see them taking no action at all or imposing a fine that is just a cost-of-doing-business percentage of what they took in from the general public, at least against ICOs that are wealthy enough to keep the SEC tied up in litigation.