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A comment on Founder of crypto lender Celsius Network arrested, charged with fraud. Parent comment

Re:Founder of crypto lender Celsius Network arrested, charge... by RetpolineDrama on Thursday July 13, 2023 @01:28PM (#36712860)
>I think the way to understand this is that the SEC is concerned about protecting unsophisticated regular folks from being scammed.

Nah, the role of the SEC is to help enforce the government's monopoly on scamming its citizens.

For example I don't see the SEC going after Kilolo Kijakazi, who is actively scamming working adults under 40 every day.

[ Parent | on HN ]
Re:Founder of crypto lender Celsius Network arrested, charge... by FireBeyond on Thursday July 13, 2023 @01:31PM (#36712906)
> For example I don't see the SEC going after Kilolo Kijakazi, who is actively scamming working adults under 40 every day.

Why would they? How is your social security contribution a fungible, tradable asset?

And agree or not, she's following government administration policy (which still may not survive legal challenge, but that's separate to 'securities fraud').

[ Parent | on HN ]