Post
Topic
Board Speculation
Re: Long term advance notice!
by
hv_
on 28/05/2019, 06:35:01 UTC
Legally he must inform in advance if he indents to sell large amounts.

According to what laws? BTC isn't a security and Craig Wright is not a company insider. He doesn't need to disclose anything under any law I've ever heard of.

There's no such thing as "insider trading" with BTC so he doesn't need to use a 10b5-1 plan or anything like that. And if he were trying to comply with Rule 10b5-1, his little social media FUD doesn't meet the requirements.

Right, he doesn't really need to atm - there is no regulation in place.

But to be save u might deduct things from standard regs, like for (finite) stocks - where u can calc e.g. thresholds and more,  and must report such stuff in most juristictions.
That's kind a proactive due dilligence.