The whistleblower is Justin W. Keener, a self-made investor of 20+ years. Keener runs his own small single family office (SSFO) with his own money.  SSFOs are generally described as management of one person’s wealth, or one family’s wealth, typically in the range of $100 million or less.  He has invested in hundreds of companies through the years, and was instrumental in financing and listing five companies to Nasdaq.     

Despite the fact that Keener manages his own, only his own money, and has no customers, the SEC initiated a case with a never-before-seen theory against him in 2018.  The SEC made wild claims that Keener was not an investor, but that he was operating as an unregistered dealer…a dealer with no customers.  Outrageous yes, and similarly outrageous claims were brought against roughly 20 other independent investors.  The case was purely civil as the SEC never made any claims of crime or fraud, and there were no victims.  

“I wasn’t going to let the government do this to me and our family, to our Constitution, or to the American people,” Keener explained.  “I knew something was wrong, something was fishy.  It didn’t make any sense at all.  My instincts told me that this had to be bull****.

Keener’s instincts were correct.  Day one, a fight was on, and years later his fight focused on the crypto fight.

CRYPTO PARALLELS - SNZA STEALTH GROUP WAS BORN

Years later in mid-late 2023, Keener identified parallels between the SEC nonsense from his case to the same type of SEC nonsense displayed in the crypto industry cases.

Teaming up with research group Encyclopedia.com, the SNZA Stealth Group was born.  Stealth being added to the name for the “Bond-esque” theme for fun.  But stealth indeed, meaning undisclosed, because the project had to be kept secret, for obvious strategic reasons.  A small team of friends and colleagues was assembled with deep pockets, unique skill sets, and access to vast resources. 

The 18-month project was a massive undertaking.  Attributed costs were in the tens of millions of dollars, and it required quant computing operations, AI, and thousands of human capital hours day and night.  Encyclopedia.com’s massive database of financial information was a powerful weapon.

SNZA developed proprietary technology, methods, and processes to generate massive files of data, information, and analytics. The system it designed and developed, called “Mainframe,” was so unique that patent applications are being submitted for trade secrets, utility, and processes.  The basic result of the secretive operation?

The SEC cheats, lies, and steals. The whistle is blown.