Preston J. Byrne: "Decentralisation for its own sake is quasi-religious woo-woo. Like Tron, devs fight for the users. If user supermajority wants a fork, fork."

Review the violations I lay out below, if you disagree don't report them, if you do I encourage you to consider it.

They are allocating ETH Foundation money to program ways to illegally violate the smart contract they participated in to freeze and seize money that they by the contract they agreed to no longer own.

This is misappropriation of funds for personal gain and raise the value of an investment vehicle they owned and promoted to increase the value of their own securities. Using the ETH Foundation website, blogs and writers they both promoted the original DAO after getting stake and then promoted their plan to seize funds. After the contract code failure, they allocated ETH Foundation resources to seize assets, that according to the contract they agreed to did not belong to them. Then used ETH Foundation website to promote these client changes so they could seize the money.

Its insider trading too since they were buying more and announcing it on twitter after it went down but before announcing a hard fork. They were making trades based on insider information and if the client updates are successfully pushed out, they will benefit financially from trading on this insider information.

You can read this and decide for yourself:

Enforcement Tips and Complaints

If you would like to provide us information about fraud or wrongdoing involving potential violations of the securities laws, which may include the conduct listed below, use the Tips, Complaints and Referrals Portal. See also further information about submitting a tip or complaint.

Ponzi scheme, Pyramid Scheme, or a High-Yield Investment Program

Theft or misappropriation of funds or securities

(Foundation members used ETH Foundation funds to protect their DAO investment in violation to the DAO agreement they accepted when buying tokens. They used it to pay programmers to make changes to clients to seize assets the contract dictated they did not own, and promotional resources to advertise their intention and promote their position.)

Manipulation of a security's price or volume

(Actively using ETH Foundation funds to manipulate the price so the tokens they owned have more value despite violating the terms of the DAO contract. Doing this both by paying programmers to focus on seizing funds and promotion.)

Insider trading

(Buying cheap tokens before announcing a hard fork)

Fraudulent or unregistered securities offering

(They promoted the DAO using ETH Foundation resources)

False or misleading statements about a company (including false or misleading SEC reports or financial statements)

(They failed to properly vet the code but promoted it anyways, giving validation to the claim it was safe. Both Vlad and Gavin acted as curators which they claimed they would be vetting byte code based on their expertise as creators of ETH. Yet due to negligence they never did validate the code and the contract failed. So instead of admitting to it they misallocated ETH Foundation funds and worked to seize the funds that left their control due to negligence.)

Abusive naked short selling

Bribery of, or improper payments to, foreign officials

Fraudulent conduct associated with municipal securities transactions or public pension plans Other fraudulent conduct (Arguable, they promoted smart contracts as non-changeable, then once it conflicted with their financial interest they abandoned it. This was used to sell their security so it was fraud. )

Do you disagree with ETH Foundation policy of using misappropriated ETH Foundation funds to protect an investment vehicle they both hold and promoted? https://denebleo.sec.gov/TCRExternal/questionaire.xhtml

/r/ethereum Thread Parent Link - twitter.com