Mr. Garza, in (250) words or less, please explain how you plain on defending your admitted involvement in what can be easily classified as a classic cryptocurrency pump-and-dump scheme in addition to other ongoing conduct relating to the mishandling of verifiable securities in violation of sections 5(a), 5(c), 17(a), and 17(b) of the Securities Act of 1933 [15 U.S.C. §§ 77e(a), 77e(c), 77q(a) & 77q(b)], Section 10(b) of the Securities Exchange Act of 1934 [15 U.S.C. § 78j(b)], and Rule 10b-5 thereunder [17 C.F.R. § 240.10b-5]?
"Mishandling of verifiable securities"? Who wrote this?
And who thinks that paycoin/paybase looks like a
"classic cryptocurrency pump-and-dump scheme"? I agree, more like straight up theft, rather than pump and dump scam.
He lied that there was no pre-mine. Then, sold off millions of premined coins for a ton of money.
(He claims it wasn't pre-mined and that he was just lucky enough to find the first block that just happened to contain millions and millions and millions of coins.)