Sure, but what happens to those tokens if they actually do get classified as securities? The only thing I can think that might matter is that it could make DeFi for those tokens hard to sort out.
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Sure, but what happens to those tokens if they actually do get classified as securities? The only thing I can think that might matter is that it could make DeFi for those tokens hard to sort out.
The projects get sued and, if they dont settle, it goes to court. As we see with #ripple, the #sec is not guaranteed of winning.
Gotta keep those lawyers busy.
It is the US. Lawyers are like toilet paper, everywhere and full of crap.