interesting, Roger Stone deleted one of his tweets shilling a "MAGA Memecoin" after I pointed out that these tweets likely violate SEC rules
most of his other promo tweets remain, though, and have similar issues
this is not altogether surprising, given an august 2023 filing in his market manipulation case that disclosed that the FBI had found CSAM while searching a cell phone of his in relation to his crypto theft
interesting, Roger Stone deleted one of his tweets shilling a "MAGA Memecoin" after I pointed out that these tweets likely violate SEC rules
most of his other promo tweets remain, though, and have similar issues
The SEC is asking the judge in the Terra lawsuit to order $4.2 billion in disgorgement, a $420 million penalty against Terraform Labs, and a $100 million penalty against Do Kwon.
They also want Kwon banned from serving as an officer or director of a publicly traded company.
Kwon has opposed any injunction or disgorgement against him, and says that the potential penalties should be somewhere around $250,000–$300,000.