Author

Topic: Trendon Shavers-Philip Moustakis-United States Securities & Exchange Commission (Read 14266 times)

legendary
Activity: 1064
Merit: 1001
any updates on this ? i mailed the sec dude last year in december... havent heard anything back from him appart from this

:
Thank you for reaching out to us.  Before we can speak, I have to make sure there are no legal hurdles on my end.  (There are different rules for each country.)  The individuals with whom I need to consult are on vacation this week, but I am sure I will be in touch shortly after the new year.
 
I hope the holiday season is finding you well.

Philip Moustakis ∙ Senior Attorney ∙ Division of Enforcement ∙ United States Securities & Exchange Commission ∙ 3 World Financial Center, Suite 400, New York, NY 10281-1022 ∙ (212) 336-0542 ∙ [email protected]

This has been partially resolved as of July this year.
http://www.sec.gov/litigation/complaints/2013/comp-pr2013-132.pdf
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539730583#.UowNP8SsiG4

No need to necro a thread when a quick Google search will do. Wink
zaj
member
Activity: 103
Merit: 10
any updates on this ? i mailed the sec dude last year in december... havent heard anything back from him appart from this

:
Thank you for reaching out to us.  Before we can speak, I have to make sure there are no legal hurdles on my end.  (There are different rules for each country.)  The individuals with whom I need to consult are on vacation this week, but I am sure I will be in touch shortly after the new year.
 
I hope the holiday season is finding you well.

Philip Moustakis ∙ Senior Attorney ∙ Division of Enforcement ∙ United States Securities & Exchange Commission ∙ 3 World Financial Center, Suite 400, New York, NY 10281-1022 ∙ (212) 336-0542 ∙ [email protected]
legendary
Activity: 1400
Merit: 1013
If the SEC and the FED can not prosecute executives at HSBC, Goldman, Bear, Lehman and MF Global etc. for fraud then there is no way they are bringing in a piker like Trendon Shavers for scamming with his Internet play money.
You tragically misunderstand how the United States Just-Us system works.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
If the SEC and the FED can not prosecute executives at HSBC, Goldman, Bear, Lehman and MF Global etc. for fraud then there is no way they are bringing in a piker like Trendon Shavers for scamming with his Internet play money. The only hope is income tax fraud cause no way the Shavers' can afford those vehicles and that home on Ashley's Six Flags income.
full member
Activity: 180
Merit: 100
mistaken for gribble since 2011
Bump...for the sake of there really not being any new information since November about pirateat40?
BCB
vip
Activity: 1078
Merit: 1002
BCJ
I was wondering that myself.  A while back he indicated that he had or had knowledge of interactions with the SEC.  Then he disappears.   Everyone is running scared.  Hmmmm.....

LoupGaroux

Unless you are a tax/securities attorney or specialist, please do not troll this thread.
We don't need anymore FUD then is already spread else where on these boards.

Why would you want to limit the discussion to "tax/securities attorneys or specialists" when the conversation might gain something with input from someone who has already been interviewed several times over the past couple of months? It's not FUD if it is factual, and I can categorically state that at least two PPT's are a definite focus of this investigation beyond Trendon.

I can also confirm that this investigation is willing to use subpoena powers to compel "conversations" as required.

That's only causes fear if you are a PPT and you sent ANYTHING through to pirate, in which case you might want to be looking to reimburse real fast.

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Which is why each and every one of us needs to look at our own belief structure and decide how the cost/benefit equation works for us personally. For some, working with the SEC and other investigators to pursue "traditional" justice will be the right call. Others might shy away from this because they don't trust the "traditional" methods to treat them right, or to stay out of a wider investigation that might net things as-yet unthought of to review. Yet others still might choose to find Trendon, and take their retribution out of him physically, or the threat of doing so out of his family unless he is willing to ransom their lives with his stolen gains.

And some may even go through different versions of this cycle to decide what is the right way for them personally. There is no universal truth on how to best prosecute a scumbag like pirate. Personally I think that having the SEC mess up his life for the next couple of years with an investigation is a damn good start, assuming they have frozen all of his assets and taken the sorts of precautionary moves that they and their wicked step-sisters at the IRS are known for. But the whole "hold a gun to his head until he decides to find honor" has a certain appeal too.

Where's my buddy, Loup. He hasn't been active since the 4th unless he's in cloak mode.

~Bruno K~
hero member
Activity: 868
Merit: 1000
Is anyone aware of other user names (suspected or confirmed) that Trendon Shavers used on this board besides pirateat40?

I think I saw the name Don Shrents somewhere.

Pretty sure that Don Shrents was a bitlane alt.
hero member
Activity: 614
Merit: 500
Is anyone aware of other user names (suspected or confirmed) that Trendon Shavers used on this board besides pirateat40?

I think I saw the name Don Shrents somewhere.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
Is anyone aware of other user names (suspected or confirmed) that Trendon Shavers used on this board besides pirateat40?
BCB
vip
Activity: 1078
Merit: 1002
BCJ
We know that many people outside the bitcoin community are following these Trendon Shaver threads.  Thank you for you assistance so far.

We have another request.

Trendon Shavers my have been in the past or currently using assumed names or an alias.  If you have seen or know this guy and know him by a name other then Trendon Shavors we'd like to hear from you.

http://trendonshavers.com/
legendary
Activity: 2282
Merit: 1050
Monero Core Team
... their wicked step-sisters at the IRS are known for. ...

No need to go through the SEC for this one. By the way did pirateat40 withhold taxes on the interest payments he paid to non US persons? I suspect the IRS will not consider the fact that these payments were made in Bitcoin to be a valid reason to not withhold taxes. 

http://www.irs.gov/Individuals/How-Do-You-Report-Suspected-Tax-Fraud-Activity%3F
sr. member
Activity: 574
Merit: 250
Which is why each and every one of us needs to look at our own belief structure and decide how the cost/benefit equation works for us personally. For some, working with the SEC and other investigators to pursue "traditional" justice will be the right call. Others might shy away from this because they don't trust the "traditional" methods to treat them right, or to stay out of a wider investigation that might net things as-yet unthought of to review. Yet others still might choose to find Trendon, and take their retribution out of him physically, or the threat of doing so out of his family unless he is willing to ransom their lives with his stolen gains.

And some may even go through different versions of this cycle to decide what is the right way for them personally. There is no universal truth on how to best prosecute a scumbag like pirate. Personally I think that having the SEC mess up his life for the next couple of years with an investigation is a damn good start, assuming they have frozen all of his assets and taken the sorts of precautionary moves that they and their wicked step-sisters at the IRS are known for. But the whole "hold a gun to his head until he decides to find honor" has a certain appeal too.
legendary
Activity: 2126
Merit: 1001
The question, of course, is for every single "investor": Lost enough to take the risk to trust the SEC/GOV/Man?
People who lost marginal or no sums at all can hardly decide that for the others..
So, again, two evils are to be weighted against each other.

Ente
hero member
Activity: 728
Merit: 500
In cryptography we trust
(US) Government precedent is a very unknown evil and at this time we don't know if the Govt/SEC is an honest cop who will help or, through no fault or intention of his own, will end up being the original rapist buddies and have a second go at us and we would have been better to learn our lesson and lick our wounds.

This. Too many bad experiences with government. I wouldn't trust any government agency any more than I trusted pirate.
hero member
Activity: 560
Merit: 500
I am the one who knocks
I agree, I hate to state it this way and it sounds really bad but
"Someone who is raped and never comes forward lets the rapist go free, the one who stands up and fights can stop another rape from happening." Will you let another pirate rape our community? ask yourself that do you want bitcoin to stay a theif's market? or do you want it to change?

Pirate rape is a known evil.

(US) Government precedent is a very unknown evil and at this time we don't know if the Govt/SEC is an honest cop who will help or, through no fault or intention of his own, will end up being the original rapist buddies and have a second go at us and we would have been better to learn our lesson and lick our wounds.
sr. member
Activity: 448
Merit: 250
I agree, I hate to state it this way and it sounds really bad but
"Someone who is raped and never comes forward lets the rapist go free, the one who stands up and fights can stop another rape from happening." Will you let another pirate rape our community? ask yourself that do you want bitcoin to stay a theif's market? or do you want it to change?
BCB
vip
Activity: 1078
Merit: 1002
BCJ
The investigation is non-public so there is no way to be certain. Some members has posted that they were interviewed. But I'm afraid many more gave info anonymously which can not be used bring charges. And many more victims refuse to come forward for fear of exposing themselves to additional, unknown legal exposure and there is nothing anyone else can do about it. So game (has been) over, Trendon Shavors (has already) won. 
legendary
Activity: 2126
Merit: 1001
What you guys are discussing is called securities fraud in the United States. This is exactly what the US SEC is investigating. Unfortunately Trendon and the pass throughs who may or may not have colluded with Trendon Shavors will probably walk as the word is no one is talking SEC. And without witnesses the investigation will not lead to charges and game over you lose. You are the suckers left holding the worthless investment and who ever defrauded you gets off free.  That how is works. So do something about or stop wining about it on this board.

Does that mean *noone* gave information to Philip Moustakis?
After all the drama, cries and threads in this forum, noone simply passed on some info so Philip Moustakis could do the dirty work for us and go after Trendon?
That's a shame! If we aren't even capable of that, I wouldn't be afraid of anything as Trendon. He may just as well post his phonenumber, address and a detailed confession, the worst that would happen to him would be pizza and swear calls?!?

Philip Moustakis is on our side, don't forget that please!

Come on, people!
This is the chance to get something rolling against Trendon!
In case we screw up with this simple task, we can kiss all pirated coins goodbye, and prepare for a flood of scams of biblical proportions!


Ente
BCB
vip
Activity: 1078
Merit: 1002
BCJ
newbie
Activity: 28
Merit: 0
Consider that the PPT operators are not protected for they are in fact co-conspirators with Trendon in this matter. Anyone who operated a PPT was as guilty in collecting funds, and MAKING CRIMINAL MISREPRESENTATIONS, as Trendon was. They were the collection points for this scam. I'm certain the net cast in this investigation will include the lackeys in this criminal enterprise, especially any who happen to be US citizens, even if they are currently living outside the US.

And this is not snitching, unless you are a member of the criminal gang behind this.

Currently, I can not name a single PPT, but if I wanted to know for sure who there were, I do know how to search for them. I wouldn't mind if there was a place where all the know PPTs are listed for posterity.

~Bruno K~

Here is a start:  http://www.ip-adress.com/whois/payb.tc

Quote
Registrar
Key-Systems GmbH
Status
ok
Contact Email

Creation Date
06/02/2011
Updated Date
08/10/2012
Expiration Date
06/02/2013

Registrant
Ian Grice
86 Monash Rd
Brisbane, QLD
AU
Telephone: +61.414235463
Fax: +61.111111111
Email:

Billing Contact
[email protected] Billing Department
Im Oberen Werk 1
St. Ingbert, Saarland
DE
Telephone: +49.68949396870
Fax: +49.68949396871
Email:

Administrative Contact
Ian Grice
86 Monash Rd
Brisbane, QLD
AU
Telephone: +61.414235463
Fax: +61.111111111
Email:

Technical Contact
Ian Grice
86 Monash Rd
Brisbane, QLD
AU
Telephone: +61.414235463
Fax: +61.111111111
Email:
Nameservers
ns1.nationalnet.com
ns2.nationalnet.com
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
Maybe Phil will even sign up and answer your questions (but that may be a conflict of interest for him).  Theymos, if he does please let him out of the newbee sections.


This made me lol   Cheesy
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Consider that the PPT operators are not protected for they are in fact co-conspirators with Trendon in this matter. Anyone who operated a PPT was as guilty in collecting funds, and MAKING CRIMINAL MISREPRESENTATIONS, as Trendon was. They were the collection points for this scam. I'm certain the net cast in this investigation will include the lackeys in this criminal enterprise, especially any who happen to be US citizens, even if they are currently living outside the US.

And this is not snitching, unless you are a member of the criminal gang behind this.

Currently, I can not name a single PPT, but if I wanted to know for sure who there were, I do know how to search for them. I wouldn't mind if there was a place where all the know PPTs are listed for posterity.

~Bruno K~
BCB
vip
Activity: 1078
Merit: 1002
BCJ
I've been hesitating to post about this because what you are stating is a very real concern from many of the member who are posting.  Let me compose something and I'll post here.

EDIT:

DutchBrat, I will say that if you were an investor and you were defrauded the any information you give is perfectly valid.  The only issue may be your nationality, and only the SEC can tell you how they can take and use information you provide.


Also this is a Securities investigation.  What information, posting, prospectus or email with information about the investment did you RELY on to make your investment.  This is the crux of the investigation.
hero member
Activity: 868
Merit: 1000
This has probably been discussed before:

I put money in a PPT (BitcoinMax), so not directly with pirate aka Trendon S.

Is the SEC only interested in talking to people that have directly invested with pirate or also people that have invested with PPT operators?

It seems to me the bulk of the investors have gone through ppt's (at least the bulk of the money). And I cant be sure my ppt operator actually transfered the btc to pirate or ran their own hyip, using the pirate name as some sort of 'seal of recommendation'

So any info I can give the sec is circumstancial at best....
hero member
Activity: 504
Merit: 500
Scattering my bits around the net since 1980
... The orange color is, in fact, a huge conspiracy! ...
IT'S A PONZI!!!

...

sorry... force of habit...

-- Smoov
legendary
Activity: 2126
Merit: 1001
ah, right, now I see! The orange color is, in fact, a huge conspiracy!
lol

I find it correlating very well for me. By now I see a lot less orange around, and have reduced my facepalming a lot accordingly.

Ente
hero member
Activity: 504
Merit: 500
Scattering my bits around the net since 1980
Unfortunately for my dramatic shade of orange, a lot of them then get banned and I am stuck with the color.

This is a good point. I wonder if it were possible to have users that ignore someone and then get banned have their ignore count the other way, retroactively. You and me would be glowing anti-orange in short order.
or at least not count the ignores of banned people against you...

-- Smoov
hero member
Activity: 560
Merit: 500
I am the one who knocks
I always wondered why the color... now I know.
hero member
Activity: 756
Merit: 522
Unfortunately for my dramatic shade of orange, a lot of them then get banned and I am stuck with the color.

This is a good point. I wonder if it were possible to have users that ignore someone and then get banned have their ignore count the other way, retroactively. You and me would be glowing anti-orange in short order.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
Apology accepted. Like the little boy who proclaimed the Emperor as walking down the street naked, some people just hate to see the truth. So I get ignored a lot. Unfortunately for my dramatic shade of orange, a lot of them then get banned and I am stuck with the color.
+10
sr. member
Activity: 574
Merit: 250
Apology accepted. Like the little boy who proclaimed the Emperor as walking down the street naked, some people just hate to see the truth. So I get ignored a lot. Unfortunately for my dramatic shade of orange, a lot of them then get banned and I am stuck with the color.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
If it is factual then I apologize.  Your ignore button is just very very orange.

Thanks.
sr. member
Activity: 574
Merit: 250
LoupGaroux

Unless you are a tax/securities attorney or specialist, please do not troll this thread.
We don't need anymore FUD then is already spread else where on these boards.

Why would you want to limit the discussion to "tax/securities attorneys or specialists" when the conversation might gain something with input from someone who has already been interviewed several times over the past couple of months? It's not FUD if it is factual, and I can categorically state that at least two PPT's are a definite focus of this investigation beyond Trendon.

I can also confirm that this investigation is willing to use subpoena powers to compel "conversations" as required.

That's only causes fear if you are a PPT and you sent ANYTHING through to pirate, in which case you might want to be looking to reimburse real fast.
hero member
Activity: 560
Merit: 500
I am the one who knocks
Very interesting, I will be watching this.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
LoupGaroux

Unless you are a tax/securities attorney or specialist, please do not troll this thread.
We don't need anymore FUD then is already spread else where on these boards.
BCB
vip
Activity: 1078
Merit: 1002
BCJ

- Anonymity: Well.. Some people will prefer to not have their name tied to involvements with Bitcoin. What do you people think is the probability that the SEC will publish, forward, leak that info to, lets say, the IRS (thats the guys with the taxes, right?)


This statement bothered me somewhat...  Why not be involved with bitcoin?  is bitcoin a bad thing?

The only reason someone would not want to be associated with bitcoin is if they were using it for illegal purposes.

I had a fairly significant amount of bitcoins in btcst.  I do not hide the fact that i use, mine, spend bitcoins.  I claim all mining profits on my taxes.  Anyone who is above board will be OK being associated with btc.

jjiimm

Thanks for this.  This is very true. I too use, buy and sell with bitcoin.  I keep record of fiat that come out of my bank and is converted to BTC and declare any profit or loss on this activity.   Only bitcoiners who CONSPIRED with BCTST to defraud investors are liable.  However not declaring a profit or loss from any business could be a tax liability.  But if you were a NET loser in BCTST is a write off and you have nothing to worry about.
legendary
Activity: 1876
Merit: 1000
Consider that the PPT operators are not protected for they are in fact co-conspirators with Trendon in this matter. Anyone who operated a PPT was as guilty in collecting funds, and MAKING CRIMINAL MISREPRESENTATIONS, as Trendon was. They were the collection points for this scam. I'm certain the net cast in this investigation will include the lackeys in this criminal enterprise, especially any who happen to be US citizens, even if they are currently living outside the US.

And this is not snitching, unless you are a member of the criminal gang behind this.

I do not think all PPTs will have a problem.  Most of them did not collect any new funds.
sr. member
Activity: 574
Merit: 250
Consider that the PPT operators are not protected for they are in fact co-conspirators with Trendon in this matter. Anyone who operated a PPT was as guilty in collecting funds, and MAKING CRIMINAL MISREPRESENTATIONS, as Trendon was. They were the collection points for this scam. I'm certain the net cast in this investigation will include the lackeys in this criminal enterprise, especially any who happen to be US citizens, even if they are currently living outside the US.

And this is not snitching, unless you are a member of the criminal gang behind this.
legendary
Activity: 1876
Merit: 1000

- Anonymity: Well.. Some people will prefer to not have their name tied to involvements with Bitcoin. What do you people think is the probability that the SEC will publish, forward, leak that info to, lets say, the IRS (thats the guys with the taxes, right?)


This statement bothered me somewhat...  Why not be involved with bitcoin?  is bitcoin a bad thing?

The only reason someone would not want to be associated with bitcoin is if they were using it for illegal purposes.

I had a fairly significant amount of bitcoins in btcst.  I do not hide the fact that i use, mine, spend bitcoins.  I claim all mining profits on my taxes.  Anyone who is above board will be OK being associated with btc.
hero member
Activity: 1078
Merit: 502
This is rather exiting... As much as I think this entire thing is going to end badly for more than just Trendon....
legendary
Activity: 1358
Merit: 1002
I'm out of the USA but I'm willing to talk.

Sing like a bird.  Smiley

Nah, I guarantee not a living soul will want to listen to me singing.
And if they do they'll be sorry.  Cheesy

BCB, Portugal.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
Any info regarding your investment in any business related to Trendon Shavers and bitcoin securities would be helpful.

What country are you from?  The SEC may be bound by certain statutes when dealing from non US witnesses. While this is a civil, securities related investigation, the SEC could refer cases to other authorities.   I'm am not a lawyer but unless you cashed out of your investment before the default at a profit you may be subject to taxes and/or a clawback.  However most guys lost money. So wouldn't that be a write off as a loss on you taxes?  Consult you local taxe attorney.

Finally. Please email Mr. Moustakis. While he can not predict the outcome of his investigation and any civil action that may result, he can advise you of your rights under US law.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
I'm out of the USA but I'm willing to talk.

Sing like a bird.  Smiley
legendary
Activity: 2126
Merit: 1001
Thank you a lot for your efforts, BCB et al!

I very much like to help out to put justice to Trendon!

I know there seems to be no attorneys with definite answers in here, still I have a few concerns and questions, curious what you guys think on that:

- Is info from non-US based members/participants/victims helpful?

- Is info which does only involve PPT operations helpful? (Imagine someone bought/swapped a bitcoinmax account, after default, for example)

- Anonymity: Well.. Some people will prefer to not have their name tied to involvements with Bitcoin. What do you people think is the probability that the SEC will publish, forward, leak that info to, lets say, the IRS (thats the guys with the taxes, right?)

*following this closely*

Ente
full member
Activity: 126
Merit: 100
Really glad to see people doing something about this crook. I hope he ends up in federal prison.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
I think you got the thread link wrong. Shouldn't it be https://bitcointalksearch.org/topic/got-off-the-phone-with-the-guy-from-the-sec-112438 ?

The way it is now, it lands on page 9.
sr. member
Activity: 966
Merit: 311
Actually, what you wrote up there is one of the best descriptions of what the SEC does. It's hard to explain to people that have never looked into it.

If you are a pirate investor you should follow it to the letter.

Please don't think you are losing anything by giving up your anonymity. I know many people in this community see anonymity as being the most precious resource, but I promise its not worth that much in this context.

Also, don't consider this to be "snitching." This is not the police as BCB said.

The there is a lot of FUD in "Got off the phone with the Guy from the S.E.C"  thread: https://bitcointalk.org/index.php?topic=112438.220
DO NOT READ IT.  It is full of misinformation.  

I hope I have not contributed to this misinformation.

I like to comment and speculate on things that are happening because it is entertaining. I have two motivations for sharing my opinion.

1) I do not like to see people be burdened by a investigation/trial and hope people will make wise decisions to do the right thing. It is an excruciating process.

2) Even worse is the effect of a fraudulent schemes on victims; I have seen the absolute worst here. I hope it never happens to you.
legendary
Activity: 1204
Merit: 1015
Also, the forum has no problem with turning over any/all correspondence Pirate has made. All they have to do is ask theymos. His contact information is listed at theymos.com
legendary
Activity: 1358
Merit: 1002
I'm out of the USA but I'm willing to talk.
sr. member
Activity: 448
Merit: 250
When I talked to him it was 100%, on my own accord and he asked me if I was willing to speak. I have nothing to hide so, I answered all his questions. He may not have a forum account but his interns do read this forum do not get that wrong. He was asking me information about stuff you would only know if you read it here, I have a feeling as he talked to more people the question became more and more direct to what he wanted to know. But overall he is a very nice man, and I would urge you to talk to him.
hero member
Activity: 868
Merit: 1000
hero member
Activity: 632
Merit: 500
email him.  He has a blackberry.

I can't seem to find an email anywhere.

*EDIT*

Ok, I found this email:
[email protected]

It seems legit  Grin
BCB
vip
Activity: 1078
Merit: 1002
BCJ
email him.  He has a blackberry.
hero member
Activity: 632
Merit: 500
Interesting.

Behind outside the US, is that phone number the only option to communicate with him?
BCB
vip
Activity: 1078
Merit: 1002
BCJ
Philip Moustakis
Senior Attorney
Division of Enforcement
United States Securities & Exchange Commission
3 World Financial Center, Suite 400, New York, NY 10281-1022
(212) 336-0542

The there is a lot of FUD in "Got off the phone with the Guy from the S.E.C"  thread: https://bitcointalk.org/index.php?topic=112438.220
DO NOT READ IT.  It is full of misinformation.  

This should be the thread to discuss how you can participate in the SEC investigation. Maybe Phil will even sign up and answer your questions (but that may be a conflict of interest for him).  Theymos, if he does please let him out of the newbee sections.

The links above and below contain a pdf from the SEC on google docs that contain the full text of your right to voluntarily supply information to an SEC civil investigation.  It a little long and daunting and can freak people out but I'll pull out the highlights below.

https://docs.google.com/open?id=0B-33azoziRiZbTFXc0lxcV9SWHc


I also just got off the phone with Philip Moustakis.  Nice guy.  We chatted for about an hour. Unfortunately any info others have given me is not relevant to him as he needs to speak with defrauded investors.  Without witness willing to come forward to explain to the SEC the nature of their investments with Trendon Shavers they can't  make a case.  If they can not make a case  then Trendon Shavers stays on the beach in Mexico spending your precious bitcoin.

Here is the deal.  This is NOT a criminal investigation.  This is a civil action.  Philip is essentially on a fact finding mission.  At the end of this fact finding he has to present the FACTS to the Commissioners and they decided if there is enough evidence to make a case against Trendon Shavers.  If there is not enough evidence,  Trendon Shavors remains on the Beach in Mexico spending what remains of your Bitcoins.

AS PER US SECURITIES LAW: THE SEC WANTS TO KNOW IF TRENDON SHAVER MADE ANY MISREPRESENTATION OR MATERIAL OMISSION TO YOU, ON WHICH YOU RELIED TO MAKE AN INVESTMENT DECISION IN ANY BITCOIN SECURITIES OFFERING.  IF THIS IS THE CASE SECURITIES LAWS WERE VIOLATED AND THEY MAY BE ABLE TO PURSUE PROSECUTION.  

HOWEVER IF YOU WERE A PPT AND YOU ALSO MISREPRESENTED OR OMITTED RELEVANT INFO ON WHICH YOUR INVESTORS RELIED TO MAKE INVESTMENT DECISIONS THEN YOU ALSO VIOLATED SECURITIES LAW.   YOU'RE FUCKED.  GAME OVER.  TRENDON WINS.  

So while PPT guys may be out if they knew of trendon's fraud,  EVERY regular investor should get on the phone on Tuesday and call Phil  at  (212) 336-0542 and talk to him or set up an interview if you are in NY.  While there are many many victims, if no one comes forward they can not prosecute and Trendon walks.

[EDIT]
There is also the possibly that under appropriate circumstances, the SEC can offer a witness a proffer agreement, and that there are certain cooperation tools at these disposal.  You should discuss exactly what that means with Phil if you don't already know.
[/EDIT]

Call Phil  and talk to him.  (212) 336-0542


Phil is not going to answer your questions about the investigation.  Any information about the investigation is not publicly available.  Any evidence you provide will also NOT be made publicly available, however it will be shared internally and with appropriate authorities.  

If you decided to get involved know that you are being interviewed VOLUNTARILY.   You can terminate the interview at any time.  You can refuse to answer any question at any time.  (It is not an interrogation). You have to state what country you are from as US involvement with witness from to foreign jurisdictions  may have to be approved or handled in a certain way.  You have to to tell the SEC who you are and how to get in touch with you. If the information in the interview is helpful and a civil action is brought against Trendon you may have to participate in civil action.  

The SEC has NO criminal authority.  No one is going to arrest you, however they can refer matters so state or local authorities.

You DO NOT want to give false statements.

Again the gritty details on in this 5 page pdf file:
https://docs.google.com/open?id=0B-33azoziRiZbTFXc0lxcV9SWHc

If you DO NOT take action Trendon Shaver fraud continues and he wins. It 's as simple as that.  

TIME IS OF THE ESSENCE.  

**** I am not a lawyer.  this is my recollection of my telephone conversation with Phllip Moustakis. I will also be emailing this text to Phillip to to correct any factual errors or inaccuracies.
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