custom_crypto_jack

The SEC didn’t dismiss because it’s the right thing to do. The enforcement lawyers recommended dismissal because their bullying and intimidation tactics backfired. Simply put, they were going to be outclassed and embarrassed in the courtroom (just like the Hinman email hearing - where later the judge called them Hypocrites and said they lacked faithful allegiance to the law). Also, Hinman was going to be called as a witness by @bgarlinghouse’s lawyer no doubt. Remember, Judge Torres ruled the Hinman emails were most relevant for impeachment purposes on cross examination. SEC lawyers, especially the lead lawyer in this case, only like it when trials are totally stacked against the Defendant, with the chances of a Defense victory, slim to none. In the end, they did what most bullies do when you step up to fight back: they backed down. This was easy to see coming.