The SEC appears to be mystified by Bitcoin-enabled frauds, which is quite annoying, because they generally have I Am A Fraud in bright firey letters visible from space, and contrary to claims made, their promoters have bank accounts and addresses.https://www.wsj.com/articles/crypto-craze-drew-them-in-fraud-in-many-cases-emptied-their-pockets-11545820200?mod=mhp …
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“Gee I wonder how someone turned $50k into Bitcoins using credit cards” grumble grumble.
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