Today we charged SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies’ CEO, John Karony, and Chief Technology Officer, Thomas Smith, for perpetrating a massive fraudulent scheme through the unregistered sale of the crypto asset security, SafeMoon.
@SECGov This is what you should have been doing instead of bringing a frivolous action against Coinbase
@SECGov Good. Now take them ALL down. Everything but Bitcoin is a scam!
@SECGov Feels like this suit should have been brought ages ago but yall wasted all your resources losing to ripple and destroying lbry
Take a look at @cryptocom and @cryptocomnft ... A laundry list of failed projects they've sponsored and launched off their platform ... they mislead folks by placing implicit and explicit support of NFT projects, while placing a false narrative of safety because of their centralized architecture ... they have recognized the legal exposure of their actions over the last 3 years and made multiple T&A updates in attempt to absolve them of these ... I think with minimal investigation you'll find shortfalls in leadership, and a lack of effort to translate value for users of their platforms ...
@SECGov That L ripple gave you finally fixed your priorities ?
@SECGov You can't even clearly define what a "crypto security" is though... How can you charge anyone?