Major celebrities being fined fractions of the profit of their scam IS THE PROBLEM!

I know you think that celebrities and influencers are the problem by scamming and pushing scams to their fans. But this isn’t the whole truth.

The SEC fines celebrities and influencers a fraction of what people pay them to promote their projects and a fraction of the profit they make on their own scam projects.

Logan Paul and team were fined $400,000 for fraud for crypto zoo, great. Oh wait. No that is 1/6 of less than the revenue generated from their elaborate scam shilled to millions of dedicated fans.

Financial incentives stop a lot of people but legitimate jail and prison time will stop a lot of more potential scammers and the SEC knows this. If they really wanted to stop this they would make the repercussions so much worse.

By stopping crypto scams entirely in the United States the SEC is cutting off a major revenue source that they can depend on. It’s not profitable why would they do that.

That should give you a perspective on the SEC and their motives. Think about who profits and how in the short and long term.