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❕NEWS SEC sues Bitcoiin, token project backed by the famous actor

aryan4

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SEC recently sued 3 executives of the bankrupt cryptocurrency company Bitcoiin for defrauding investors for $ 11.4 million via B2G token in 2018. It was stated that Steven Seagal, the famous movie actor of a period, also supported the company.
Do you think the SEC can speed up such cases this year?
 
I think we can hear the name SEC a lot this year. Looks like it could come in new cases. There is a lot of comments on social media about this and SEC fear seems to be present to many investors.
 
I think SEC is getting very busy with crypto companies in recent times and I do hope this is some kind of genuine interest in the welfare of investors and not any form of witch hunting whatsoever.
Yes, you are right, her name started to be heard much....... I hope it takes a leading role in order to make some legal arrangements, not like a penal institution.
 
Governments are dealing with cryptocurrencies, and this one is something to delt with; if there was something like scam, then SEC should do something; they are only suing, not punishing, everything is in court now.
 
Governments are dealing with cryptocurrencies, and this one is something to delt with; if there was something like scam, then SEC should do something; they are only suing, not punishing, everything is in court now.
I guess it is better to look at things from that point of view and there are even chances that the issue is not that big of a deal.
 
This is good at least it will serve a notice to those still enraging in such businesses. If found guilty I will like there assets to be sold and use the money realized to settle those duped.
 
This is good at least it will serve a notice to those still enraging in such businesses. If found guilty I will like there assets to be sold and use the money realized to settle those duped.
It is of course correct to address such events in some way. But they seem to be too late to intervene. It's an event in 2018, but now it's sued, I hope they act faster
 
I like it when crime is relegated to the background because a famous person is in connection with it. I think SEc is really out to pull down fraudulent companies. Kudos then
 
Legal proceeding that involves such a huge amount of money like these are usually long and complex process. Let them process it thoroughly instead of speed it up and then mess it up.
 
I like it when crime is relegated to the background because a famous person is in connection with it. I think SEc is really out to pull down fraudulent companies. Kudos then
I think if the SEC behaves as you say, that's a good thing, of course. We are just hearing its name, let's see what it can do for irregular transactions detected in the market.
 
Why do i feel like the government is trying to get ahold of Cryptocurrency.. like it wanted to hold em to their necks. I just hope they're genuinely concerned not for their own sakes
 
I think if the SEC behaves as you say, that's a good thing, of course. We are just hearing its name, let's see what it can do for irregular transactions detected in the market.
Oh yeah it a good thing to have them here, as you have rightly pointed out I hope they will do more in the crypto currency market especially for fraudulent activities
 
I love the fact that SEC is taking actions towards controlling and suing cryptocurrency exchange platforms that are scams . However they should not allow pride into entering into suit with legit ones
 
I don't know why the SEC and government are trying to centralise crypto. We have heard controversies about the SEC recently with the ripple lawsuit. I think the effect of the lawsuit is wearing of positively for ripple
Yeah. The coin has been on the uptrend despite the lawsuit issue and we believe that it will continue to rise more and more with time . We just need to take the risk and invest
 
I don't know why the SEC and government are trying to centralise crypto. We have heard controversies about the SEC recently with the ripple lawsuit. I think the effect of the lawsuit is wearing of positively for ripple
Yeah. The coin has been on the uptrend despite the lawsuit issue and we believe that it will continue to rise more and more with time . We just need to take the risk and invest
 
If SEC has good case especially that it is related to Scam or bankruptcy no doubt they will win the case, it is not good for famous people to scam people.
 
If SEC has good case especially that it is related to Scam or bankruptcy no doubt they will win the case, it is not good for famous people to scam people.
I think presently , ripple don't just sue any company ,because their present case with ripple has made them to be carefully with their lawsuit .
 
I think presently , ripple don't just sue any company ,because their present case with ripple has made them to be carefully with their lawsuit .
They continue to discharge their duty to regulate and takes action when necessary ,I don't think they will be remorseful loosing Ripple case. If this new case is well studied they will win.
 
They continue to discharge their duty to regulate and takes action when necessary ,I don't think they will be remorseful loosing Ripple case. If this new case is well studied they will win.
Actually they should because it will be their first lose ,and ripple will claim damages that will be very demanding on SEC . My concern is for the case to be ruled.
 

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