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Last updated Thursday December 05, 2019
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Pinned Messages History
9 days AGO
We plan on getting VeAssets operational towards the public within weeks, possibly before the end of the year. This will include full access to VeAssets to those who purchased their Veritized precious metals. I apologize for the delay. When I can I will answer the questions that I am legally permitted to discuss. Again, I will not/cannot discuss the SEC case and/or the settlement, though - which is hopefully obvious as to the reason why.
We are still in business, and will resume VeAssets very soon. Celebrating with the launch of new VeAsset. I am still lawyered up, but will announce soon. As should be obvious, I cannot and will not discuss the SEC issue at all, though.
We have a hearing scheduled in 9 days. We are playing it conservative until then. We are confident that we will prevail. I do not want to go radio silent (at all), but legal counsel was very adamant about not being seen in any way attempting to litigate this in public. Hence, I can't speak about the specifics nor about the SEC
It is true that we are now in active litigation with the SEC. Because of that, I am EXTREMELY limited in what I can say publicly, limited to next to nothing. Anybody who is reasonable should understand this constraint. We don't want to risk angering the judge by being seen as litigating this in public (versus in the courts, where litigation belongs), nor do we want to contaminate our legal strategy. My law firm's statement pretty much encapsulates what I have to say for now. Reference it below. "This is a meritless action by the SEC. Mr. Middleton and Veritaseum have acted appropriately and been truthful about the company’s innovative software platform, and we look forward to proving that in court."