Quote from: burnside on January 27, 2019, 10:04:34 AM

Quote from: statdude on January 27, 2019, 06:50:29 AM

As someone who lost bitcoin to Jon / Bitfunder, I disagree.

Separately, is there any way for retail investors "recover" funds in an SEC fraud case? or does the SEC just get to keep any settlement to themselves, leaving investors high and dry? I'm sure theres a precedent from the hundreds of scams prosecuted yearly.

The SEC fines I'm pretty sure just go to fund their next investigation.

You can hire a lawyer and file a suit. Honestly surprised it hasn't happened already.

Ya, look what Uncle Sam did to BFL. Shut them down so they couldnt even ship products to waiting customers, effectively bankrupting them, then seized what they could for themselves, leaving nothing for the burned customers and in fact actually making it worse for everyone involved.

Thats what government does. Waste everyones time, send people to jail, fine them, and then give the middle finger to scammed customers while taking any recovered money for themselves. Once upon a time there were people who believed Bitcoin could end practices like this, but now we seem more concerned with getting it in our government controlled retirement accounts... You cant make this stuff up people.