@HammerToe @ergo_kannikka You are a very patient person with the bank transfer explanation….kudos for spelling it out over and over. It’s almost as if we should have this solved by now with as many years as your former employer has been working on this. 😎
Very important issue. I would like to see @coinbase@krakenfx@UpholdInc etc file amicus briefs on this issue. In the @BlockFi Bankruptcy the @SECGov is the 2nd largest creditor (shameful) and @GaryGensler and the lawyers at the SEC should state that they support this as well.
The world is (appropriately) outraged by SBF and FTX's fraud, but when Wells Fargo mismanages billions in customer funds as well, it's barely a blip on the radar. Food for thought....
Unbelievable. @BlockFi now owes the @SECGov the full $100M since it was proven the fine was paid with customer funds.
WHICH MEANS…
The SEC will have to get paid back as a secured creditor before investors get any money back.
HOW IS THAT FOR INVESTOR PROTECTION GARY?!?!
The SEC is STILL arguing that the Hinman emails are privileged despite losing that issue about 100 times already. Blows my mind.
AND makes me recurious (is that a word?) about what is in them.
@GaryGensler We'll give you the $20,000,000 you're demanding of us if you reply with a clear explanation of how to launch a public blockchain in the United States.
This is a serious offer.