[CPLX]

You don't want to live in a world where corporate officers of publicly traded companies can make completely false statements about funding events without severe consequences.

You really just don't actually want that.

[esotericn]

Sure. But this can be dealt with via the legal system.

Do the thing, get fined (obviously we should set the fine high enough that it's more than a speed bump), sorted.

We don't want the thing to happen because it causes inefficiency in markets, bad outcomes, etc.

Moralizing it doesn't really serve a purpose.