Birdwatch Note Rating
2023-06-14 18:56:28 UTC - NOT_HELPFUL
Rated by Participant: 4293E0820CE08C978061F74AB25296C1303D8234943455654BF2789E45A893DA
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