995 karma · joined August 5, 2010
The current regime has upended that process and has created a situation where the government has no choice but to outsource data gathering to third parties. This is corruption and not in the spirit or the letter of the law.
This startup is attempting to take advantage of an illegal situation which is just ridiculous.
I'm happy if they want to sell fancy weather balloons to anyone that they want, even the government, but selling data back to the government that should be already collecting the data in the first place BY LAW is just corrupt.
I'm fine if they want to make new weather balloons and sell them to people to launch for whatever reason they want. Selling what by law should be public data is anathema.
No one should fund this.
IMSI-catchers are not considered a security hole by the carriers or the standards bodies. SUCI/SUPI was put in at the request of phone vendors, if I remember correctly, and is still the only piece of public key cryptography in the networks. Everything else is symmetric keys.
> "It is the Division’s view that transactions in the types of meme coins described in this statement, do not involve the offer and sale of securities under the federal securities laws"
How is it not a security when they spend the rest of the statement describing meme coins as a security?