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๐Ÿ˜ฏ '๐…๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐“๐–๐ˆ๐’๐“!' - Ex-PGMOL boss KEITH HACKETT explains why Bayern were not awarded penalty vs PSG ๐Ÿ‘‹โŒ #psg #bayernmunich #championsleague

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๐Ÿšจ EXPOSED: SEC Busted in Court! Veri Fair Fund & Ex SEC Chair $9600/hr? The legal battle between the SEC and Reggie Middleton just took a nuclear turn. In a series of shocking court filings, the SEC has been forced to admit major procedural failures, while new evidence suggests a coordinated effort to stifle innovation through "Fraud on the Court". Here is the breakdown of what is happening behind the scenes of the Veritaseum Fair Fund (VFF): 1. The "Dog Ate My Homework" Admission (DE-157) On December 9, 2025, a federal judge ordered the SEC to produce years of missing quarterly accountings. In a stunning response, the SEC filed Document 157, admitting they don't actually possess the court-ordered reports and need until January 23, 2026, to "reconstruct" them from bank records. This is a material admission of non-compliance with a Consent Judgment that has been in place since 2019. 2. Missing Pages & "Fabricated" Accounting The SECโ€™s Consolidated Final Accounting Report (CFAR) is riddled with "scavenger hunt" style errors. Filings show pages literally skippedโ€”jumps from page 5 to page 8โ€”and exhibits that the SECโ€™s own staff could not explain because they originated from a different corporation entirely. Furthermore, the SEC allegedly ignored $4.4 million in legitimate business expenses, inflating the "net profit" to create a windfall for the U.S. Treasury. 3. The Richard Breeden Irony Current SEC leadership favorite Paul Atkins often quotes his former boss, Richard Breeden, on leaving fraudsters "homeless and without wheels". However, Breedenโ€™s own firm, RCB Fund Services, is the sub-agent managing the VFF. While the SEC uses this "tough" rhetoric, Breedenโ€™s firm is overseeing a fund where legal fees are estimated at a staggering $9,600 per hour to manage only 103 paid claimants. 4. The Seibert vs. Moon Showdown: A Dispute over Professionalism and Deadlines The procedural history of the case took a sharp turn following the replacement of SEC counsel Catherine Pappas with Allison J.P. Moon. Defense attorney Jason Seibert originally extended a professional courtesy to Ms. Moon, offering her additional time to familiarize herself with the complex case and prepare filings correctlyโ€”an offer the SEC explicitly rejected. Instead, Seibert alleges that the SEC pushed forward with "material misstatements" and "misrepresentations" to the court regarding the administration of the fund. This tension peaked when the parties clashed over the court-ordered filing schedule, with Seibert accusing Ms. Moon of intentionally ignoring or misrepresenting the court's own directives in order to conceal procedural failures. The irony of this "showdown" culminated in Document 157, where the SECโ€”after previously refusing Seibert's offer of timeโ€”was forced to beg the court for an extension until January 23, 2026, to "create" accounting reports that they had previously represented were routine or complete. 5. The "Smoking Flash Drive" & FOIA Bombshells The VERI Community (The SEC calls "The Defrauded") recently funded a supplemental amicus brief that introduced a "Smoking Flash Drive" into evidence. This drive contains Kraken records showing the SEC knew as early as May 2018 that the accounts they labeled "personal" actually belonged to Veritaseum LLC. Despite this, they allegedly used the "personal dissipation" narrative to obtain an asset freeze that crippled Reggie Middleton's defense. 6. The SEC's "Fraud on the Court" Reggie Middleton, Disruptor-in-Chief is appealing a motion to vacate the entire 2019 judgment under Rule 60(d)(3) for "Fraud upon the Court". The argument is simple: if the foundation of the case was built on fabricated evidence and the intentional suppression of exculpatory Kraken records, the judgment cannot stand. โš ๏ธ Why This Matters This is no longer just a crypto case; it is a case of regulatory capture. We are seeing a "revolving door" where architects of the system profit from its complexity while legitimate innovators are targeted. What happens next? All eyes are on January 23, 2026โ€”the deadline for the SEC to produce the reconstructed records they should have had for half a decade. #SEC #ReggieMiddleton #Veritaseum #DeFi #CryptoNews #Transparency #FraudOnTheCourt

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