Saturday, July 31, 2021

After Nikola Founder Trevor Milton Indicted Inner City Press Asks of Robinhood Investors

By Matthew Russell Lee, Patreon Video

BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, July 29 – Just after the indictment of electric vehicle maker Nikola's founder Trevor Milton was unsealed, a press conference was held in the Southern District of New York prosecutors' office. Inner City Press went and asked about the SEC complaint's reference to Milton targeting "Robinhood investors." Video here.

  US Attorney Strauss and her SEC colleague (on the job for all of one week) both deferred comment on particular companies or phenomena like Robinhood, or Elon Musk, or SPACs. But it seems there will be more prosecutions coming - including in the crypto-currency space?

On the way from the courthouse to the presser, next to the MCC a dozen Federal law enforcement officers with shotguns stood by a line of white cars. They were not electric, and this was not for Milton. He will be presented later on July 29 before SDNY Magistrate Judge Sarah Netburn, and Inner City Press will be there in the Mag Court. Milton's reps, not allowed in to the press, have promised Inner City Press and others some answers. Watch this site.

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