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The SEC and DOJ don't exist to stop crimes in real-time - that would be basically impossible. They exist to uncover and punish crimes that have already occurre

by tw04 3y ago

The SEC and DOJ don't exist to stop crimes in real-time - that would be basically impossible. They exist to uncover and punish crimes that have already occurred in order to dissuade others from doing the same. They appear to be doing a fine job of both. Or were you looking to prosecute thought crime?

tsujamin 3y ago
You mean the SEC _doesn't_ have a secret basement of blockchain precogs?
pwb25 3y ago
My point is they go after the most regulated and serious ones, and let the others run
- tw04 3y ago
  >My point is they go after the most regulated and serious ones, and let the others run But they really aren't and you already know that. If you have proof otherwise, report it, or post it here and I'll report it. You get paid on any penalties that are doled out.
  - pwb25 3y ago
    FTX? BlockFi?