Are hou law expert from Casper legal team?

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Casper

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Are hou law expert from Casper legal team?

#blockchain #casper #cryptocurrency #english

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11.06.2023

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tommy boz
Today is there any official statement made by a co...

Wait EOS paid fine and is now not a security anymore so crypto projects pay fine and it’s settled?

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11.06.2023

tommy boz

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Wait EOS paid fine and is now not a security anymo...

It looks that way -there is a way to accept whatever penalty the SEC decides to enforce. You can think of this as the Kim Kardashian strategy. She admitted no wrongdoing, paid a huge penalty, and agreed to all of the SEC's demands. And now she is fine. Same with Polkadot - after 3 years of working together with the SEc they are now not a security anymore, Now they are a software ( lol - cant make such shit up normaly 😂 ). So where is DOT different to other POS tokens? You can stake them, you pay for fees with them, you use them for governance as well. Exactly like all the other POS tokens do it. But now comes Gensler and says that ADA or SOL or FIL are securities? Why? Those tokens do the exact same stuff like DOT does, right? And polkadot had an ICO too back in the days. Does this all sound logical to you?

0

11.06.2023

tommy boz · Accepted Answer

Today is there any official statement made by a court that says a certain crypto project is a security? No, there isnt even one. You only have Genslers opinion. Thats it. For example In 2019 Block.one’s SEC settlement over EOS ICO was only 24 mill USD though EOS raised $4 billion !!!! Case closed. This entire SEC drama is a nothingburger, only created to scare money away from crypto so it can pump up the stock market even more. And dont forget - Gensler already gets big headwind from US politicians as well. So chill and calm down.

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