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<p>[QUOTE="NPCoin, post: 627783, member: 5629"]The legal arena today is just a bit different than the arena of two decades ago. From what I have seen in different types of cases I take interest in following, intent has become a much more determining factor than it was back at the turn to the '90s. But, then again, I didn't much follow our legal system back then as I do now.</p><p><br /></p><p>I would not be surprised at all for our legal system to consider a market perceived claim of objectiveness in coin grading today to be of the same level of deception as the PCGS advertised claim of objective grading two decades ago.</p><p><br /></p><p>Like I said above, just because someone is investigated does not mean they did anything wrong. "Legal messes" are messes usually because the accused really did not do anything wrong. Yet, the accused still are left with the "mess" of the situation.</p><p><br /></p><p>And regardless of the perceived legitimacy of the situation, if enough people cry out over the situation, somebody is going to take a look into the situation. If there is even the <b>possibility</b> of deceptive or misleading practices, then they have cause for action.</p><p><br /></p><p>This is why I believe CAC should try to close all holes in their business practices to ensure that they have covered themselves as best as possible. It is not necessarily what did they do, but what could they have done, and did they profit by not doing it, that will become the issue if too many investors lose too much money when the markets come tumbling down.</p><p><br /></p><p>As pertaining to the case of crossovers, the situation is quite different, as you probably see. The holes in CACs practices pertain to submissions revolving solely through their own company. With crossovers, it is submissions between two separate entities. With TPGs it would be more along the lines of "body bags", but even with those, the fault of deception lies with the seller, as I believe I had laid out in the above posts.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 627783, member: 5629"]The legal arena today is just a bit different than the arena of two decades ago. From what I have seen in different types of cases I take interest in following, intent has become a much more determining factor than it was back at the turn to the '90s. But, then again, I didn't much follow our legal system back then as I do now. I would not be surprised at all for our legal system to consider a market perceived claim of objectiveness in coin grading today to be of the same level of deception as the PCGS advertised claim of objective grading two decades ago. Like I said above, just because someone is investigated does not mean they did anything wrong. "Legal messes" are messes usually because the accused really did not do anything wrong. Yet, the accused still are left with the "mess" of the situation. And regardless of the perceived legitimacy of the situation, if enough people cry out over the situation, somebody is going to take a look into the situation. If there is even the [B]possibility[/B] of deceptive or misleading practices, then they have cause for action. This is why I believe CAC should try to close all holes in their business practices to ensure that they have covered themselves as best as possible. It is not necessarily what did they do, but what could they have done, and did they profit by not doing it, that will become the issue if too many investors lose too much money when the markets come tumbling down. As pertaining to the case of crossovers, the situation is quite different, as you probably see. The holes in CACs practices pertain to submissions revolving solely through their own company. With crossovers, it is submissions between two separate entities. With TPGs it would be more along the lines of "body bags", but even with those, the fault of deception lies with the seller, as I believe I had laid out in the above posts.[/QUOTE]
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