• flan [they/them]@hexbear.net
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    7 months ago

    i dont understand why this was treated on a case by case basis. How were some securities but others not? Most are just ethereum smart contracts.

    • OutrageousHairdo [he/him]@hexbear.netOP
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      7 months ago

      Because the crypto companies really really wanted them to not be securities and kinda just went “Nahnahnah, I can’t hear you!” This is just the SEC slowly working through its backlog because suing an entire industry isn’t something it was ever really intended to do.