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RE: Justin Sun Conversation with Witnesses Is Online. @Ned Sold Out The Community - Failed to Disclose.

in #steem5 years ago

The evidence in questions is all over the blockchain and in videos, spanning years, so it's already public for the most part. Whether or not the evidence amounts to evidence of contractual obligation seems to depend on some factors relating to the sale which I haven't seen yet. I'm not really assuming that anyone is telling the truth tbh.

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Since that evidence is plentifully available, and @justinsunsteemit is an accredited investor, it's unreasonable to assume this information was unknown to him, and further that it is irrelevant if it was.

As an accredited investor, he bears full responsibility for due diligence when undertaking authority for his investment decisions.

His actions do give the appearance of him knowing the nature of his actions in advance and trying to just push people around. On the other hand, I find it difficult to relate to someone thinking that such an action would be successful. One thing is for sure, it's a learning opportunity for all involved.

Sadly, I am aware of a long and varied history of people doing unethical and illegal things, but cleverly profiting from them. JP Morgan has repeatedly been caught manipulating the PMs market and paid huge fines. Monsanto allowed it's patented crops to pollinate neighboring farmer's fields - and then sued the farmers for growing their patented crops and seized their farms.

This seems like the kinda thing Sun is doing.