Birdwatch Note Rating
2023-06-13 21:39:27 UTC - HELPFUL
Rated by Participant: CA4D804E44AC70686E894F68569D83AFF0FB644CFA5A0D8D3145548CE7571F62
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/
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