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25 sats \ 1 reply \ @btcschellingpt 8 Nov 2022 \ on: SEC: LBRY tokens were sold as Securities, Precedent set? bitcoin

There cannot be any surprise at this one, nor at the targeted wording in the judgement for the wider 'crypto' scene; love em or hate em, the SEC has been clear about what they understood Bitcoin to be (commodity) and what they understood 'crypto' to be (securities).

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25 sats \ 0 replies \ @shyfire 8 Nov 2022

Yeah... And then you have the CFTC claiming ETH is a commodity, it will be interesting to see who wins that fight.

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