3 ms·
The various players in crypto space have written a ton of EULA mumbo-jumbo explaining that the coins are not securities (as they want the freedom to pump&dump/f
by nikanj 4y ago
The various players in crypto space have written a ton of EULA mumbo-jumbo explaining that the coins are not securities (as they want the freedom to pump&dump/front run orders/etc). If they admitted the cryptos are securities, all sorts of pesky regulations would apply
- MrPatan 4y agoStealing securities you're supposed to store for me is a crime. Stealing non-securities you're supposed to store for me is also a crime.
- master_crab 4y agoYup. At the end of the day, this isn’t complicated. The man directed assets (whatever you label them) that were clearly meant for the use of the owner only into SBFs investment vehicle for his use (Alameda). He stole coins, period.
- Sporktacular 4y agoYes, thank you! So many comments are like "it's a crypto investment, you shouldn't expect safety" when they weren't investments but holdings. As if this was just market forces at play. They have no idea about happened here.
- freejazz 4y agoAdmitting or not that something is a security is not a requisite for the thing to be found to be a security.