Coinbase Warned By SEC of Potential Securities Charges - Slashdot

Posted by BeauHD

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  And then just be given a warning by the police to stop criming so much and plenty of time to leave the country so I could keep committing crime with impunity.
  
  Pretty sure if I stole the grape from a grocery store they nailed my ass to the wall.

  • Re:

    Fair point, but believe me that benefit has spread selectively to the common man.

    Pretty sure if you walked into a grocery store in a Democrat-run liberal state in the US, you could steal hundreds of dollars worth of shit and they wouldn't do a damn thing to you.

    We'll call it "trickle down fuckonomics".

    • 1 hidden comment

    • Which common men?

      If you're talking about those people caught on camera shoplifting they eventually get caught and thrown in jail for very long times. The news media doesn't cover when they're caught because that doesn't scare you like the videos showing them doing that will.
      
      And the Democrats will nail your ass to the wall just like the Republicans will because if you go against a tough on crime narrative guys like you scare the shit out of the independent voters and then we get radical extremists running everything.

      • Re:

        That's how you wind up with one of the highest rates of incarceration in the world isn't it?

        • Re:

          Yep. It's all about politics. To be fair we have a higher than normal incidence of racism given the level of education and wealth of our country and that makes it much easier to scare people. Folks focus on the hatred that comes with bigotry and often forget the fear that comes with it. Something something Yoda.

      • Re:

        I don't believe you about the media. Unless you are talking about corporate media, which is censored and controlled. If these people were actually arrested and not basically immediately released there would be video evidence of it. Please cite your facts.

        • You can believe whatever you want

          Does it make it true. Facts have a well-known liberal bias. And you got Google go to some research. Little bit of book learning would do you some good too. I mean when you're done spending the mod points from your alternate accounts.

      • Re:

        Uh huh. Tell me another bedtime story while I tell you about the reality of liberal prosecutors who think we shouldn't even punish criminals IF and when they actually are caught and arrested. Masks have always been very effective. Not just when we want to pretend a recycled t-shirt tied around a vacuum bag is an acceptable alternative to work in an infectious disease lab.

        I think we can stop pretending now. You sure as hell don't find this behavior being tolerated at the store level or the legal level ou

        • Liberal prosecutors?

          Those two words don't have any meaning when you put them together you know that. I'm not asking you I'm telling you.
          
          I mean I guess if you mean liberal as a libertarian but most of those guys just want to smoke weed and bang 16-year-olds.
          
          And liberal run cities? I don't know what country you're in but here in America we don't have any of those. We have a handful of center right politicians running cities. Nothing that would even come close to a liberal.

    • Re:

      You have clearly not seen the loss prevention videos that have leaked from Target. Heck, the store near me usually has this tiny twink of a guy working front door security specifically so criminals think they can fuck around and find out. Turns out that harmless looking young guy has this device called a "walkie-talkie" and it's for calling in the built like a brick shithouse loss prevention employee who will show up to end your entire criminal career.

      As for Walmart, well, the ones near me have a dedicate

  • Re:

    I was about to post the same thing, but you beat me to it.

    Corporations commit crimes, they settle, then do it again, then settle... Even when they're found guilty of the most egregious crimes, nobody ever spends a single minutes in the pokey.

    Corporations don't pay their taxes. They "reach an agreement" with the IRS and agree to pay a teeny bit more...

    Corporations get nice warning before they get charged for securities violations...

    Aren't corporations supposed to be people? Funny how these people are treated

  • Re:

    What crime has been committed? The SEC over-regulating as usual is the crime here. If you think having an unregulated economy is a scam, then it would die naturally as people wise up to their own greed.

    • Re:

      That would be the old "Let the market sort it out". The problem with that idea is that it's been tried and it failed. In fact it spent the whole of the 19th century failing, sometimes so badly that people starved in the streets.
      It got so bad after the 1929 crash that the world collectively decided to regulate our various economies to stop it happening again.

      Feel free to debate how we go about regulating things, but you should be aware that 100% of unregulated investments fail.
      If the crypto people wan

    • Re:

      Regulation is definitely needed, but the problem is that the SEC doesn't understand cryptocurrency enough to regulate it properly. The biggest issue is that they've started treating everything not named "Bitcoin" as a security, when they're really all just digital commodities. The closest real-world analogy would be trading in a metal which has absolutely no industrial use whatsoever.