Link to post in screenshot: https://www.web3isgoinggreat.com/?id=sec-sends-wells-notice-to-robinhood-crypto

  • flan [they/them]
    hexbear
    11
    1 month ago

    i dont understand why this was treated on a case by case basis. How were some securities but others not? Most are just ethereum smart contracts.

    • OutrageousHairdo [he/him]
      hexagon
      hexbear
      8
      1 month ago

      Because the crypto companies really really wanted them to not be securities and kinda just went "Nahnahnah, I can't hear you!" This is just the SEC slowly working through its backlog because suing an entire industry isn't something it was ever really intended to do.