Birdwatch Note Rating
2023-06-13 21:39:48 UTC - HELPFUL
Rated by Participant: F892442363D8BC0A410002F882717674CDEC96D954BDCE0EBAE7D545B78936D6
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