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Cryptocurrency & Sec, Internal documents on other cryptos may shed some light on the general view of the sec on crypto. Congress is slightly less bullish on cryptocurrency in general than the sec, the crypto community, hedge funds, banks, etc. The leader in news and information on cryptocurrency, digital assets and the future of money, coindesk is a media outlet that strives for.

SEC Targeted Ripple For Cryptocurrency Lawsuit
SEC Targeted Ripple For Cryptocurrency Lawsuit from www.pymnts.com

The securities and exchange commission today announced that it charged ryan ginster of corona, california with conducting two unregistered and fraudulent securities offerings that raised over $3.6 million in cryptocurrency from retail investors. The only ones that are safe (i.e., just assets). 3 that he considers cryptocurrencies to be securities when sold in an initial coin offering, or ico.

SEC Targeted Ripple For Cryptocurrency Lawsuit from Nice Breaking News

The court granted the sec’s motion to delay the disclosure of sec’s internal communications about bitcoin, ethereum and xrp until august 31. The underlying crypto assets should be accounted for at fair value, the sec said. Icos, or more specifically tokens, can be called a variety of names, but merely calling a token a “utility” token or structuring it to provide some utility does not prevent the token from being a security. [+] tokens sold in icos can be called many things. The sec’s complaint alleges that, from 2018 to 2021, ginster raised approximately $3.6 million in bitcoin through two online.