Birdwatch Note Rating
2023-06-13 22:57:27 UTC - HELPFUL
Rated by Participant: 295CB3D7643E7B22C9A112826F8D0973F9AF70C15FABD54628E41A05CCD31DB3
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