Thank you Commissioners thatwasunlawfullycreated
Wewritetodaywithall February27,2025. That opinionofothers,we
Regarding the Howey Test and investment contracts, the fact is that everyone has been wrong, andwemean everyone. Knowingwhatweknow,thereisnovalidbasiswhatsoeverforthe referenceto“80yearsofwell-establishedlaw.”
● Itiswellknownthatsaid“well-establishedlaw”evenonitsbestdayisinreality weak
● That“test”(theHT)isnotarealthingorsomethingofficialtobereliedon.
● Thattest,inreality,iscompletenonsensethatwassimplyfabricatedand“made up” by thosewithulteriormotives.Plus,theyhadnoideawhattheyweredoinganyways.
WewillprovideadetaileddissentonthatFebruary27thdissentassoonaspossible.
Thewhistlehasbeenblown,soherewebegin. PleasenotethatwearetheSECwhistleblowers, suchthatwearenotreportingmisconduct to theSEC. Instead,wearereportingthe misconduct of the SEC itself tothepublic,DOGE-SEC,etc.
Inshort,boththeHT(HoweyTest)andthe“investmentcontract”speculativeclaimsmadeby theSEChavebeenproveninvalidandfullydismissedas“bogus”tostateitpolitely.
Tobeclearthefingerpointstothe past SECworkingsanditspreviousChairs,management,etc. WeapplaudtheactionsthatCommissionersUyedaandPeircehavetakentounwindthemess andcorrectthecourse.
Stillthough,thereismuchmoretodo,especiallyinlightofthedataandinformationwe generatedinourmassiveundertaking–ourwhistleblowingstudyandourforthcoming tokkinizedreleaseof Crypto’s Manual for Destruction of SEC Cases (2025,J.Keener).
FreeingHoweyInvestmentContractSummit-DestroyedtheHT&InvestmentContractClaims
Firstofall,everyonemustrealizethat“Howey”wasarealman,andhewasagoodman. He createdthelargestcitrusoperationintheworldatthetime,andhefoundedthetown Howey-in-the-Hills,FL,whichisarealtown. Hefoundedarealgolfresort,andhebuiltthe HoweyMansion,andthatwasrealtoo. We’vebeenthere,andinfact,Ijustreturnedhomefrom thereonSaturdaynight.
OnFriday,March7th,2025theFreeingHoweyInvestmentContractSummitwasheldatvarious venuesincludingtheHoweyMansioninHowey-in-the-Hills,FL. Amongotherthings,thesheer ridiculousnessoftheHTandinvestmentcontracttheorywasdemonstratedsuchthatitwas deemedinvalid,immediately
Itwasdecidedthatthere-namingoftheHTwilltakeplaceinthecomingweeksastherehave beenseveralsolidreplacementnamessuggested,suchthatadditionalthoughtanddiscussionis neededtoselectthebestoption(s). Intheinterim,itissuggestedthatthetestissimplyreferred toasthe“HT”astodiscontinuethemisuseoftheHoweyfamilynameinthatinappropriateand disrespectfulmanner.
TacticsofLying,Cheating,Misguiding,andMisleading
TheAmericanpeople,thecryptodefendants(suchasCoinbaseandRipple),andtheentirecrypto industryhavebeenliedto,cheated,misguided,andmisledbybadactorsandfraudsterswithin theSECandotheragencies. Theinvisiblehand.
Incredibly, other than me and my team, it seems that the entire world is completely oblivious to what is actually happening.
Thisnightmarehasgottencompletelyoutofcontrol,andwe’releftwithnochoicebuttostep forwardnowinamorepublicway. Decisionsarebeingmadebyvariouspartieswiththewrong information,lackofinformation,andmisunderstandingofwhatiscorrect,true,right,andjust.
Forexample,astipulationwasfiledonJanuary27,2025betweentheSECandCoinbasethat providedfordismissalofthelawsuit,anditseemstohaveprovidedareleasefor
“Anyandallclaims,demands,rights,andcausesofactionofeverykindandnature, assertedorunasserted,againsttheCommissionanditspresentandformerofficersor employeesthatarisefromorinanywayrelateto(i)theLitigation,includingbutnot
limitedtoinvestigativestepstakenpriortocommencingtheLitigation,(ii)thepetition forinterlocutoryreview,and(iii)theappealoftheLitigation.”
Ouch. Hadthedefendantknownwhatweknow,wecan’timagineitwouldhaveprovidedsucha release. Wefearthatotherunsuspectingdefendants,suchasRipple,Garlinghouse,andLarson, mayenterintosimilararrangementswithoutthewholestoryandthewholetruth.
Thismattermustbeaddressedimmediatelyandacoursesetforcorrection. Webeginby presentingafewstatementsandquestionstoprovokethought.
QuestionsandStatementstoProvokeThought
Considerthis(incorrect)statement: “an‘investmentcontract’existswhenthereisthe investmentofmoneyinacommonenterprisewithareasonableexpectationofprofitstobe derivedfromtheeffortsofothers.”
● Doesanyonegenuinelyfindthattobehelpful? Ofcoursenot.
● Justreplace“investmentcontract”withalmostanythingtodemonstratehow uselessitis. stockpurchase bondpurchase USsavingsbonds lemonadestandinvestmentforkidstorunandsharetheprofits lawnmowerequipmentinvestmentforkidstorunandsharetheprofits
● ThosefiveexamplesdemonstratehowsillyanduselesstheHTis.
Doesanyonefindthisstatementhelpful?
“embodiesaflexibleratherthanastaticprinciple”inordertomeetthe“variable schemesdevisedbythosewhoseektheuseofthemoneyofothersonthepromise ofprofits.”
Ofcoursenot,it’snothingmorethan fancy sounding nonsense madeupbypeople whohadnoideawhattheyweredoing.
Priortoinitiatingthenearlydecadelongenforcementcampaignagainstthecryptoindustrythat resultedinessentiallyimmeasurablecosttoourcountryandtheindustry,didanyonefromthe SECevervisitHowey-in-the-Hills,FL,theHoweyMansion,oranypartoftheHoweyestatefor researchpurposesinordertovalidatetheHT andinvestmentcontractclaims?
Wasthereanythoroughresearchconducted,evaluated,andanalyzedregardingthevalidityofthe HT andinvestmentcontractclaimsatanytimebeforeorduringthatenforcementcampaign?
DidanyoneattheSECevernoticeorsuggestthattheHTandinvestmentcontracttheorydoesn’t reallymakeanysenseatall?
DidanyoneattheSECevernoticeorsuggestthatperhapsthestaffwasbeingmisledor misguidedaboutthevalidityoftheHTandinvestmentcontracttheory?
FrommyexperienceintheSEC’s‘34Actlitigationagainstme,itisabundantlyclearto methat due to the SEC’s trickery,nobodyinvolvedtruthfullykneworunderstoodthe dealerdefinitionorSection15(a)(1). Everyonemoreorlesspretendedtheydid,butthe glossedoverlookintheireyeswasrevealing.
Asformeandmyteam,aftercompletingourmassivewhistleblowingresearchoperation, wefullyunderstandtheHT,andweknowandunderstandinvestmentcontracts.
Who at the SEC didn’t know or understand, and was therefore careless and reckless for not knowing and understanding the very securities laws they are supposed to enforce?.
Who within the SEC and other agencies did know and understand, but only pretended that they didn’t for the SEC’s corporate gain, the corporate gain of other U.S. government agencies, or for individual personal gain?
Itisimpossibletogetthroughtoanyoneinvolved,andmostofthosewhowehavereachedare nothelpful.
Soweinviteinterestedpartiestocontactus,andweespeciallyaskthatthefollowingparties contactusrightaway.Timingiscriticalandwemustbringanendtothistyranny.
Thewhistleisblown. Staytunedandbuckleup.
Thankyou,
JustinW.Keener/SNZA research@encyclopedia.com (312)476-9201
Aself-madeinvestorof20+years,Keenerrunshisownsmallsinglefamilyoffice(SSFO)withhisownmoney SSFOs aredescribedasmanagementofoneperson’swealth,oronefamily’swealth,typicallyintherangeof$100millionorless. Hehasinvestedinhundredsofcompaniesthroughtheyears,andwasinstrumentalinfinancingandlistingfivecompanies toNasdaq.
DespitethefactthatKeenermanageshisownmoney( only his own money),andhasnocustomers,theSECinitiateda casewithanever-before-seentheoryagainsthimin2018 TheSECmadewildclaimsthatKeenerwasnotaninvestor,but thathewasoperatingasanunregistereddealer adealerwith no customers Outrageousyes,andsimilarlyoutrageous claimswerebroughtagainstroughly20otherindependentinvestors ThecasewaspurelycivilastheSECnevermadeany claimsofcrimeorfraud,andtherewerenovictims.
Keenervowedthathewasn’tgoingtoletthegovernmentdothistohimandhisfamily,ourConstitution,ortothe Americanpeople Fromthebeginning,heknewsomethingwaswrong,somethingwasfishy Itdidn’tmakeanysenseat all Instinctstoldhimthatthisallhadtobebull****,thattheSECmustbecheating
Heinitiatedawhistleblowerresearchoperationinamassiveundertaking Aftercrackinghisowncase,hepivotedto disprovethecryptolitigationandrevealthetruth.. Keener’sinstinctswereright,andthewhistleisblown.
TheWhistleIsBlown.com-SECwhistleblown.com-FreeingHowey.com InvestmentContractscom-Encyclopediacom
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