Birdwatch Note Rating
2023-06-14 01:25:05 UTC - HELPFUL
Rated by Participant: 07FD25823D2EEC1539A338E96001E81AAB57A7463D7CED01B6D519BBA9A032A0
Participant Details
Original Note:
It is important to note that the application of the Howey Test to cryptocurrencies and digital assets is still a topic of debate and ongoing regulatory scrutiny, further more, the SEC does NOT have unilateral power to declare anything they wish a security. https://corpgov.law.harvard.edu/2022/12/06/why-cryptoassets-are-not-securities/
All Note Details