
John E Deaton|Mar 17, 2025 17:51
Let’s get something straight:
These SEC enforcement lawyers EARNED the fallout. Let’s remember:
1) An appellate court called them arbitrary and capricious - a standard in the law difficult to meet. When a court says an agency was arbitrary and capricious it’s because no valid argument can be made to justify the conduct.
2) A federal judge stated the lawyers at the SEC and are so transactional they’ll say whatever they think they need to say in order to win the argument at hand - even if what they’re currently saying is completely opposite of what they said 6 months ago IN THE SAME CASE! The judge, in the Ripple case called them hypocrites who lack good faith. The judge, IN WRITING, said SEC lawyers “lack faithful allegiance to the law.”
3) SEC lawyers were SANCTIONED for committing FRAUD upon the Court. Again, they lied in order to win an argument and it hurt a lawful business, their employees and customers.
4) SEC lawyers threatened to bankrupt @jeremykauffman and @LBRYcom by running up his legal fees - in a non-fraud case - over a token that was legitimately being used for non-investment purposes. The SEC then proceeded to bankrupt @LBRYcom.
5) They did the same to @j0j0r0 and @dragonchain, except, Dragonchain was able to hold out until the election and is awaiting its case to be dismissed.
6) Look what they did to @krakenfx.
I could go on and on. These lawyers don’t get to hide behind Gensler made me do it. They’ve earned it. Period.
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