It looks like the SEC has completed its work (Took their sweet time) There was insider trading before the announcement of TMTG as the target.
The people involved have been gone from DWAC for over a year. I think they have been arrested but I am not sure.
The SEC will charge a civil fine of 18million to end this. It is only a civil fine. But it is still 18 million.
The SEC full commission has to sign off on this. Most likely that will happen.
Okay he listened to all of it, nothing too major, just that the merger may go through bc the criminals will pay the fine. So, hard to say what will happen. Sorry, not a lot of specifics.
For anyone that is interested there will be a live discussion about it on Rumble at 8 EDT. About 1 hour from now. https://rumble.com/v2xya5w-dwacd-live-episode-60-dwac-reaches-a-settlement-with-the-sec.html
Could you possibly break down the video?
It looks like the SEC has completed its work (Took their sweet time) There was insider trading before the announcement of TMTG as the target. The people involved have been gone from DWAC for over a year. I think they have been arrested but I am not sure.
The SEC will charge a civil fine of 18million to end this. It is only a civil fine. But it is still 18 million.
The SEC full commission has to sign off on this. Most likely that will happen.
early take from hubby: So far the speaker seems to know what he's taking about but I don't know much about who he is.
We are both naturally skeptical and optimistic.
Thank you! And you hubby
Okay he listened to all of it, nothing too major, just that the merger may go through bc the criminals will pay the fine. So, hard to say what will happen. Sorry, not a lot of specifics.