The SEC can issue scam warnings, I reckon. But should the SEC not let the market set itself right?
When Binance was hacked, what made people still stick with them was because they were able to quickly identify where the fault was from and were able to quickly allay people’s fear by letting them know what they are doing to guide against future occurrence. Kick is coming to raise ICO without letting people know exactly why they lost the first project and how they intend to prevent it from happening again if people assist with their money, but they were still fishy in raising the fund, so SEC had all the right to charge against them.