Did Your Shitcoin Break the Law?

Written by dahlbacka | Published 2019/12/18
Tech Story Tags: shitcoin | sec | hackernoon-top-story | cryptocurrency | shitcoin-law | cryptocurrency-regulation | equity | legal

TLDR A generation of blockchain founders thought they’d beat the system by classifying their tokens as “utilities” rather than “securities” (an investment) The SEC, CFTC, FTC and FinCen have all come out with guidance about crypto asset regulation. Unfortunately, the SEC has given some notoriously bad actors a pass, opening up new channels for retribution. Block.one was featured by HBO’s John Oliver in a segment on fraud, deceit and flagrant misstatements in the cryptocurrency industry.via the TL;DR App

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Written by dahlbacka | True democracy is actually the delivery system of human rights -Shula Koenig
Published by HackerNoon on 2019/12/18