4 ms·
I don't follow the logic. Isn't the fact that the SEC got wise to crypto scams and started enforcing them belatedly a good thing? Better late than never, righ
by ajross 4y ago
I don't follow the logic. Isn't the fact that the SEC got wise to crypto scams and started enforcing them belatedly a good thing? Better late than never, right?
From your tone it seems to me like you think the injustice here is that Kin and TON should have been allowed on the gravy train too?
- wmf 4y agoSorry, I wasn't clear. I want the SEC to shut down all crypto and I want them to shut it down as early as possible, not years after the dump. I think they are competent to do this but they're prioritizing their resources poorly.
- ajross 4y agoI don't see the timing as significantly different than the linked article about the deli, though. It's a civil infraction, not a life-and-death violent crime case. It happens with lawyers and injunctions and it takes time. The goal of SEC enforcement isn't to prevent scams mid-fraud, it's to make fraud unattractive as a moneymaking endeavor.