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SEC halts fraud prosecution of Justin Sunpopular.info/p/breaking-sec-halts-fraud-prosecution
331 sats \ 3 comments \ @StillStackinAfterAllTheseYears 28 Feb news
Some good quid pro quo for him (given the money he sent Trump). Can't say I'm overly invested here -- much as I like neither Trump nor Sun, it seemed the the case was dragging and going nowhere, and there are better uses for resources.
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21 sats \ 2 replies \ @optimism 28 Feb
From the complaint:
From at least April 2018 through February 2019, Sun allegedly directed his employees to engage in more than 600,000 wash trades of TRX between two crypto asset trading platform accounts he controlled, with between 4.5 million and 7.4 million TRX wash traded daily. This scheme required a significant supply of TRX, which Sun allegedly provided.
I wonder: did this not happen and did the SEC fabricate this? Or is it simply OK to do this now? 😂
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21 sats \ 1 reply \ @StillStackinAfterAllTheseYears OP 28 Feb
Oh, I'm sure it happened. It's not that it's okay to do it now, it's that Trump is an openly transactional ruler, and paying him money is how you get out of a crime.
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0 sats \ 0 replies \ @optimism 28 Feb
As awesome as it is to be a pleb because no one will kidnap you over sats you don't have, it kinda sucks to be a pleb in such a reality.
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