Birdwatch Note Rating
2023-06-12 23:30:50 UTC - HELPFUL
Rated by Participant: 5D09930D7CE8F0655410C0328923C3D1338CFD097D9E8948558CD70738186A06
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