Birdwatch Note Rating
2023-06-30 15:22:05 UTC - NOT_HELPFUL
Rated by Participant: 8B563096A3A43153235C52390221B5E6F0373ED2DD4868BF69C4CE939ADAC205
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