Bitcoin Skeptic Mark Cuban Torches ‘Useless’ SEC in Withering Takedown

[Daniel]

By CCN: Billionaire bitcoin skeptic Mark Cuban torched the Securities and Exchange Commission as “useless” bureaucrats who bring “ridiculous” lawsuits against investors to justify their worthless existence. “I’m obviously not a fan of the SEC,” Cuban told CCN. “I think they prefer regulation through litigation and that creates problems for everyday investors.” Cuban — whose net worth tops $4.1 billion — is a tech entrepreneur who owns the Dallas Mavericks NBA team. Cuban: SEC Puts Investors on Double-Secret Probation Cuban’s anti-SEC comments to CCN mirror the blistering remarks he made to Yahoo Finance last week (video below). Cuban says the