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Security laws. Stuff like this happens all the times in spinoffs and the rules are very clear about who is entitled to the proceeds.
by wbl 9y ago
Security laws. Stuff like this happens all the times in spinoffs and the rules are very clear about who is entitled to the proceeds.
- dragonwriter 9y ago> Security laws. That's hardly specific. > Stuff like this happens all the times in spinoffs There's a reason I specifically excluded loose analogies. > the rules are very clear about who is entitled to the proceeds. And the specific rules that specifically apply to a fork of a cryptocurrnecy and a firm providing wallet services like Coinbase are...what, precisely? Perhaps general securities laws are written in a way which encompasses this scenario, but I'm asking about the specific applicable laws that cover the situation at hand.
- unoti 9y agoSounds a bit harsh. He's suggesting securities law is a good place to start; a reasonable thing that adds something to the discussion. Consider hiring a paralegal to research the issue for you and write you a well-documented brief to meet your standards of proof.
- nebabyte 9y agoThat's idiotic, securities do not spontaneously split on their own. In a split, agents agree upon how it should be carried out, specifically to avoid this problem.