Inside trading is fraud, no matter the security or property, same as with Opensea NFT case: https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplac

Inside trading is fraud, no matter the security or property, same as with Opensea NFT case: https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme https://www.justice.gov/usao-sdny/pr/former-employee-nft-mar... The main problem with crypto is it forces us all to have to re-learn why fraud is bad, and in the process it allows those in power to arbitrage the fraud-learning itself. Satoshi explicitly remarks that fraud is a critical weakness of crypto. Regulations and laws might suck, but when so many societies have adopted anti-fraud mechanisms, hey maybe that was actually a good idea and not something we need to re-learn? Even Roughgarden’s textbook proves the vulnerabilities of blockchain-based mechanisms.. .. Maybe crypto advocates citing false straw man arguments should be considered investment advice and punished by the SEC as well.