SEC -Blender Wischtücher ehemaliger Vorsitzender Genslers Texte aus der Schlüsselkryptozeit
SEC Blunder Wipes Former Chair Gensler’s Texts from Key Crypto Period
SEC -Blender Wischtücher ehemaliger Vorsitzender Genslers Texte aus der Schlüsselkryptozeit
SEC Blunder Wipes Former Chair Gensler’s Texts from Key Crypto Period
9 Kommentare
Hmmmmmmmm
tldr; The SEC’s Office of Inspector General revealed that nearly a year of former Chair Gary Gensler’s text messages were lost due to an IT error that wiped his government phone. This period included significant crypto events like the FTX collapse and the Grayscale Bitcoin ETF lawsuit. The absence of backups and weak procedures exacerbated the issue, raising concerns about compliance and transparency. Critics, including Coinbase’s legal officer, highlighted the irony of the SEC’s enforcement of record-keeping rules while failing to preserve its own critical communications.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Three D words come to mind when I reflect on the corruption of these dirty dogs
It error is convenient. If a bartender accidentally serves someone a drink in error without checking their is and that bartender is liable. Errors when it comes to life altering decisions you cannot have room for error.
„Oh man I accidently did the several steps that are required to delete text messages. What a whoopise on my part.“
Seriously? Are we all supposed to pretend to be surprised when suddenly Justin Sun has no criminal record, or they let out „The Effective Altruist“?
they were going to bring FTX in under safe harbor
Ffs
Whoops!
Nothing to see here accidents happen and are allowed when the government is at fault.
Now let you try this to the IRS or some agency, claiming it was an accident you lost some important records.