SEC vs Veritaseum LLC and the users of the platform
Your attack on Veritaseum is a very aggressive and somewhat extraordinary measure.
We the users of this platform have had absolutely no doubt as to the legitimacy of the Veritaseum LLC and the utility tokens it requires us to hold to use their peer to peer software.
Your accusations of securities fraud just don't make sense. We know what the VERI token is and at no time did we believe it was an entitlement to equity, debt nor backed by anything. We use the token to gain added efficiency and access upcoming modules on the Peer to peer software platform.
By removing the utility and shutting down the entire operation whilst you try to sabotage a ground breaking idea that looked set to completely disrupt Wall street... you have affected us in ways far greater than just the loss of access to the platform. We held Veassets in redeemable and peer to peer tradeable Metal backed tokens. We have had all usability and access to these assets frozen along with the Veritaseum LLC assets.
You are supposed to protect the consumer or investor and in this case you are doing the exact opposite.
Now our hands are tied because you cannot re educate yourselves and build new legislation to handle this paradigm shift that is blockchaìn.
Almost seems like you singled out Veritaseum to delay and ruin it's launch out of BETA. A launch that was due to happen close to the time of your emergency Court hearing.
Ehy the sudden need for an emergency hearing on the same day that Patrick Byrne's TZERO platform launched which has similarities to Veritaseum? Seems suspicious. Especially when you consider who Byrne is and how well connected to your industry he is.
We need the Veassets to be freed from your freeze.
We need the utility returned to the VERI token.
Veritaseum is incredibally disruptive to the industry you are supposed to control. Could this be the reason for the sudden emergency hearing?