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Re: JohnCM post# 20215

Friday, 12/15/2017 3:21:26 PM

Friday, December 15, 2017 3:21:26 PM

Post# of 21720
It is accurate - BITCF was suspended for fraud.

The SEC has the power to suspended for only TWO reasons. The first is delinquent filings for SEC registrants. BITCF is not an SEC registrant and was not suspended for delinquent filings.

The second is non-compliance with securities law - in other words, FRAUD.

And we know the SEC's position on unregistered ICO offerings. They officially consider it fraudulent.