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No, the banks forced him to settle. It wasn't the SEC. Watch the video. The banks didn't want a liability. The SEC disagreement was going to take too much time
by toomim 4y ago
No, the banks forced him to settle. It wasn't the SEC. Watch the video.
The banks didn't want a liability. The SEC disagreement was going to take too much time to resolve legitimately. If he didn't please the banks they wouldn't give him funding.