I guess Erik Voorhees isn't very bright after all. He got caught doing the same thing that idiot Pirate got caught doing AFTER he got in hot water doing it. For all of his libertarian written presentations on history and correcting the mistakes he can't learn from history. lol
I would say he was very bright. He convinced the SEC that he only gained $15K from the sale of unregistered securities and got them to accept an agreement where he voluntarily paid fines which were a rounding error on the actual profits. The buyback of Satoshi's dice was $3.8M and it represented a fraction of the total company valuation. That agreement now shields him from further civil and criminal prosecution on this "wrongdoing". You think that is "not very bright"? Honestly I have no idea why the SEC agreed to those terms (maybe difficulty in securing evidence) but I doubt Erik is broken up over it.
I don't consider having to run away to Panama very bright. I also know that he did a buy back of stock to keep his ass out of jail and likely paid a small fortune for that advise to his legal team to avoid the nightly prison vasoline patrol. No, sorry, I don't consider being a fucking common criminal very bright just because the bank robbery was moderately successful.
