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Re:Coinbase Sued by SEC for Breaking US Securities Rules by hef19898 on Tuesday June 06, 2023 @12:18PM (#36215092)
If your compliance plan is based on "my lawyer told me will win this", you are already 90% screwed.
Re:Coinbase Sued by SEC for Breaking US Securities Rules by tolmasky on Tuesday June 06, 2023 @02:25PM (#36217043)
If that's what you took away from this, you must have not read it. I have given specific examples from case law that show that the law often just isn't defined in these new areas, and there is actually nothing better than "I think we can win this". The law is not a secret ledger that has the true rules that account for all future scenarios, that you try to guess from the outside, and can get right or wrong. The law often just comes down to making your case. I know that's not unsatisfying, but for it is the way it is.