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And again, why is crypto a security? There are a lot that clearly do fall under it, but many of the big guys don't. I don't believe you can summarily call Ether

by jrm4 4y ago

And again, why is crypto a security? There are a lot that clearly do fall under it, but many of the big guys don't. I don't believe you can summarily call Ethereum a security without more homework. That's where Gensler failed. He may not be wrong, but he needs to show his work.

polygamous_bat 4y ago
> I don't believe you can summarily call Ethereum a security without more homework. Ethereum voluntarily changed its definition since the last time SEC gave it "not a security" status. > That's where Gensler failed. He may not be wrong, but he needs to show his work. I am sure he would be very happy to show his work to the court. Thus the Wells notice to Coinbase and the lawsuit against Bittrex. He is just not required to show his homework to Coinbase, much to the dismay of crypto shillers.