Leicester
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Do I think you're going to be able to do what they claim it's going to do?
No, at least not in the short term.
What about the long term?
This, as I wrap up, is where I'm going to go back to the safe moon fiasco.
And I'm going to quote you a couple of things and I'm going to leave you with those.
And I want you to think it through and come up with your own outcome.
Cause I'm not going to make a conclusion.
I'm simply sharing what is publicly documented.
You can see yourself case number two, colon 22 dash CV dash 0 0 6 4 2.
This is the case around safe moon, John Caroni and all the other scammers.
who got locked up, not just because of the wallet, but because of everything else.
I'm going to quote some of these lines.
Quote, In furtherance of this scheme, defendants touted the technological innovation of the company's token and related cryptocurrency wallet, as well as the ability for investors to make significant returns due to the favorable quote tokenomics of the SafeMoon tokens.
In truth, defendants marketed the SafeMoon tokens to investors so that they could sell their portion of the float for profit.
Stop.
So what is float?
Float is as the token moves in price, they're basically just siphoning off gains.
That in itself is not illegal.
problem that the government had is they were doing it without communicating what they were doing on tokens they didn't purchase so they're holding the liquidity bag and then they're siphoning out like a drain the liquidity on the back end doing it secretly while telling people it's like with satama they were telling people i said hold
while they were dumping on your head, that kind of thing, same kind of deal.