Stuart Alderoty (@s_alderoty): Another court, this time in the Kraken case, confirms there's no such thing as a “crypto asset security.” Bad news for the SEC, whose entire regulatio…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Another court, this time in the Kraken case, confirms there's no such thing as a “crypto asset security.” Bad news for the SEC, whose entire regulation-by-enforcement strategy hinges on that failed premise. twitter.com/msantoriesq/st… Quote [@msantoriESQ](https://www.twitter.com/msantoriESQ/status/1827063633844543543) > 6/ The SEC unqualifiedly lost on this “tokens are securities” theory, and will not be permitted to rely on it going forward. > > Instead, it will need to prove, for every alleged transaction on Kraken, that the Howey Test factors are satisfied. > > They aren’t, and we look forward to…