[andrewprock]

You'd be surprised. The SEC has largely been captured by the industry it regulates. Most employees there are junior level, looking to get hired into Wall Street.

There are certainly some strong employees as well, but they have only so much time.

[ceejayoz]

> The SEC has largely been captured by the industry it regulates.

An objection that, while true, doesn't impact "will they go after Bitcoin scammers" much. If anything, it's precisely the sort of thing they'd prefer to do over fighting with industry.