It’s not different than a direct listing for $100B and dumping shares on everyone as fast as you can Which was obvious Coinbase was going to do and did in thei

It’s not different than a direct listing for $100B and dumping shares on everyone as fast as you can Which was obvious Coinbase was going to do and did in their own stock market listing, to me You sell into liquidity, liquidity comes from people wanting financial exposure, people wanting financial exposure comes from buzz and marketing When things are actually under SEC purview, the only difference between fraud and not fraud is disclosure. If you tell people and they only watch youtubers instead of reading, you are fine No, tokens typically are not under SEC purview and they’ve gotten better at ensuring that