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Sunday, March 05, 2023 3:57:30 PM
Those cases… as Hoffman explained yesterday, in a very thorough post, the standard of proof and burden is much, much higher for the government, and lower for a civil suit.
There was in fact spoofing. That is established. They have a duty not to allow their systems to be manipulated in such a manner that they do not become an instrumentality of illegality and fraud on the market. We will see how this turns out, but the complaint provides evidence for a strong case. So far the defendants have hesitated to present a believable defense and have been bluffing. We’ll have to see where they go, but their delays suggest they are deeply unsure about their own case and defense.
There was in fact spoofing. That is established. They have a duty not to allow their systems to be manipulated in such a manner that they do not become an instrumentality of illegality and fraud on the market. We will see how this turns out, but the complaint provides evidence for a strong case. So far the defendants have hesitated to present a believable defense and have been bluffing. We’ll have to see where they go, but their delays suggest they are deeply unsure about their own case and defense.
I own NWBO. My posts on iHub are always posted expressly as just my humble opinion (IMHO) and none are advice, just my opinion. I am NOT a financial advisor, and it is assumed that everyone is responsible for their own due diligence.
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