George Palikaras@palikaras
Call for a Transparent, Public Congressional Hearing
Given the latest ridiculous developments, I am prepared to participate in a public hearing in front of Congress if @FINRA, OTC Markets, the SEC, and all other relevant parties are also called to testify, covering all relevant dates and events, both pre- and post-merger.
This must be a transparent, unscripted hearing, where:
•No one takes the Fifth Amendment.
•No one hides behind attorney-client privilege.
•No prepared testimony.
Each of us should sit, answer questions directly, and be cross-examined live on national television.
In my case, I would arrive with nothing but my laptop to show contemporaneous emails and records on a large screen, free of “I don’t recall” answers. I estimate that 3–5 days would be enough to reveal the full pattern of misconduct (or corruption at the highest levels).
Yes, I would be at the greatest disadvantage, as I am not a lawyer, not a native English speaker, and I have never participated in a trial or hearing. But that only underscores my commitment to full transparency.
Why This Hearing Matters
•The Gensler “lost messages” latest episode: We are told that the @SEC Chair’s communications during the exact period covering the U3 trading halt have vanished. Are we truly expected to believe this is coincidence? It looks more like a Hollywood script than reality. I dare say these missing messages likely contain evidence that Mr. Gensler knew far more than he disclosed to Congress…
•The Trustee’s subpoena vs. FINRA’s motion to quash: If FINRA genuinely believed this was a simple “pump-and-dump” scheme orchestrated by insiders, why would they resist providing evidence? Why not help the Trustee by producing the data that could supposedly prove their point, eh? Instead, they are obstructing. That silence speaks volumes.
•FINRA’s role: It is long past time for FINRA to stop hiding behind self-authored FAQs, opaque rules, and armies of lawyers. The public deserves to see who they are really protecting.
I call upon:
•The Administration and @POTUS
•Investigative journalists
•The FBI and State Attorneys General
…to dig deeply into this case. Every new twist makes it more ridiculous, and more urgent.
On Congressional Protocol
While House and Senate committees traditionally require written testimony, and usually allow legal counsel and privilege claims, the Chair has authority to waive these rules in the interest of public transparency. It is rare for all parties to voluntarily waive privilege, but the public demand for full accountability in this case is overwhelming.
So… let’s offer the American people the truth, uncensored, unfiltered and unscripted.
Convenient narratives don’t change inconvenient facts about systemic misconduct. Meanwhile, when CEOs rely on their counsel, we are called naive or worse, but when regulators ‘lose’ the SEC Chair’s messages during the exact period of the U3 halt and other events (FTX), that’s just a technical glitch. Convenient. The truth is, I show up here with a laptop (which the former MMAT management moved into an undisclosed wooden crate… along with the company server to potentially “lose them”forever under one of the business unit sales… Mr CEO Uzi Sasson should have taken notes from Gensler… Uzi bud… I think your time is coming soon). FINRA and the SEC show up with armies of lawyers, motions to quash, and selective amnesia. If that’s not a Hollywood script, I don’t know what is.
