SEC

“Well, much like Secret Service, they can't do every case, number one, so a lot of those scams are gonna get a pass, but number two, I predict we are gonna see a lot of enforcement actions against fraudulent, scammy ICOs, and good because they bring down the na…”

“The SEC is what economists call a captured regulator. You know, society sets up regulators to protect us from certain industries, but it's a standard feature of regulations, since the first regulator, the Interstate Commerce Commission, that they become captur…”

“Turned out the attorneys had, when they did the last turn, had attached the wrong attachments. The SEC had proved something. That we actually knew was Erroneous. And so if we started trading on erroneous document, there's a chance the SEC could say, no, no, no…”

“So the SEC forbids you from using testimonials, but what it means, it really limits innovation because you're at a tremendous disadvantage to the incumbent.”

“As Ben mentioned, we went public in 2021 under the auspices of the SEC. We have substantially the exact same business that we had, had in 2021 when we went public under them.”

“What makes out a very bad idea is that we have overzealous regulators such as the SEC who are overstepping their boundaries.”

“There's a bill called Fit 21, which was sponsored by Patrick McHenry. It's a very simple bill, and elegant in that way, in the sense that it just simply says that the SEC would have jurisdiction over digital securities, and the CFTC would have jurisdiction ove…”

“First of all, you know, the sec has lost, I think five cases in a row. So, you know, like some of their like arbitrary enforcement of things that aren't laws is not working.”

“They've issued Wells Notices, which in our whole career we never saw a Wells Notice, which is kind of a form of a, of an SEC declaring they're investigating and going after a company for any private company, and these are all private companies.”

“So they've sued, I think, over 30 of our companies.”

“I kind of don't think any of the altcoins are really gonna work long term, whether maybe the architecture isn't decentralized, or maybe Gary Gensler at the SEC will get his way and successfully argue legally that the altcoin is an unregistered security and nee…”

“The SEC has been against that because they're not really for protecting consumers. They're you know, just for wrecking the industry.”

“All of those under the Gensler regime are essentially illegal because or they're legal but you'll get sued by the SEC, by the US government, and the reason that you'll get sued is they claim that anything with utility is has asymmetric information attached to …”

“They would never meet with us. You know, the SEC won't meet with us. The CFPB won't meet with us. The Biden you know, Biden won't meet with us.”

“I got charged by the SEC for insider trading, and they basically just took anything and everything I said out of context. Right? So I gave them everything I had, and I got cleared in like 15 minutes.”