An arrest warrant has been issued by a Texas judge for the former Republican Washington state Sen. David Schmidt and his alleged accomplice, Robert Dunlap. They were charged with a $4.3 million ICO scam. The warrant was issued after they did not show up at a hearing with the U.S. Securities and Exchange Commission (SEC). According to SEC, they are still running their “Meta 1 Coin” scam. According to judge Pitman “If incarcerated, Dunlap and Schmidt will be unable to continue Meta 1’s operations, create marketing videos, or email their putative investors,", which was his reasoning for the arrest warrant. I am actually surprised that people involved in a scam that large were not arrested to begin with, but allowed to roam freely and continue scamming people.
I think there is a big difference between the headline "...former US senator..." and the article which identifies him as a "...former...state Senator..."