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The court made the correct decision, but the idea that this sets some sort of anti-SEC precedent is false. It's more like the SEC just made a minor mistake in t
by Alex3917 8y ago
The court made the correct decision, but the idea that this sets some sort of anti-SEC precedent is false. It's more like the SEC just made a minor mistake in their court filing and then got told to go back and fix it.
It does offer legal protection to people who only did an airdrop and not an ICO, but realistically the SEC wasn't going to go after any of these people anyway unless they solicited exchanges to list their token.