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Pioneering Crypto Inventor Accuses SEC of Fabricating Evidence to Win Case
DISCLOSURE: I am not paid to promote Veritaseum, VeriDAO, VERI SmartMetal or the VERI Token. I do hold a small amount of VERI Tokens and ETH that were donated to me by viewers, Thank you all for your support!
Did the SEC play fair, or did it stack the deck to silence a blockchain pioneer?
Reggie Middleton, founder of Veritaseum, filed a motion on May 30, 2025, accusing the SEC of fabricating evidence and intimidating witnesses to secure an asset freeze against him in 2019, which forced him into a settlement where he neither admitted or denied the allegations against him.
Middleton alleges the SEC misrepresented a Kraken account as his personal account, despite it belonging to Veritaseum, LLC, to justify the freeze, denying him funds to mount a proper defense.
The motion claims SEC attorney Jorge Tenreiro fabricated evidence and coerced witnesses to suppress testimony supporting Middleton.
This case echoes the SEC v. DebtBox lawsuit, where the SEC was sanctioned $1.8 million in 2024 for similar misconduct involving fabricated evidence to issue a temporary restraining order.
Middleton seeks to vacate the 2019 consent judgment under Federal Rule of Civil Procedure 60(d)(3), which allows relief for fraud on the court with no time limit.
The outcome could impact regulatory accountability in the crypto space, spotlighting tensions between innovation and oversight.
Article can be found here
X -
https://x.com/SovereignRiz/status/1929510959556518146
Substack -
https://sovereignriz.substack.com/p/pioneering-crypto-inventor-accuses
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DISCLAIMER:
I’d like to advise that the content provided in this video is intended strictly for informational and educational purposes only. This video constitutes a research opinion and should be regarded as such. All claims, statements, allegations, and opinions contained within are based on publicly available information and are allegations unless and until proven in a court of law and are not intended to malign, defame, or harm the reputation of those mentioned. All such statements are offered solely as opinions protected under the principles of free speech. Adding, I am not a lawyer or financial advisor and I’m not employed by Veritaseum or paid by anyone for my efforts.
#MotionToVacateSECcase, #VERI, #Veritaseum, #SECfraud, #SEC, #SECcorruption, #ReggieMiddleton, #riz, #SovereignRiz, #defi
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