Re:Founder of crypto lender Celsius Network arrested, charge...
by DennisP on Thursday July 13, 2023 @02:52PM
(#36714240)
Which stands to reason. Doing an ICO and promising to issue a token is a pretty clear securities transaction, but that doesn't mean that the token itself is a security.
This was the view of William Hinman of the SEC, in 2018: "the token – or coin or whatever the digital information packet is called – all by itself is not a security, just as the orange groves in Howey were not."
This was the view of William Hinman of the SEC, in 2018: "the token – or coin or whatever the digital information packet is called – all by itself is not a security, just as the orange groves in Howey were not."
https://www.sec.gov/news/speech/speech-hinman-061418