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What I want is these crypto charlatans who were giving malicious financial advice to go to jail.
by whatever1 4y ago
What I want is these crypto charlatans who were giving malicious financial advice to go to jail.
- Animats 4y agoYes. The US SEC puts about two of them out of business each month, and often claws the money back, but jail is rare. Too rare.[1] The IRS sometimes comes in after the SEC if someone operating a fraud didn't pay their taxes. They put people in jail for years.[2] Remember, Al Capone was sent to Alcatraz for tax evasion. [1] https://www.sec.gov/spotlight/cybersecurity-enforcement-actions https://www.sec.gov/spotlight/cybersecurity-enforcement-acti... [2] https://www.irs.gov/compliance/criminal-investigation/founders-of-crypto-ico-plead-guilty-to-tax-evasion-after-raising-24-million-from-investors https://www.irs.gov/compliance/criminal-investigation/founde...
- mensetmanusman 4y agoWe see how many went to jail in 2008 when the ‘real’ economy had trouble…