'Ethereum is not a security' says SEC official

A simplified summary of the statement by the SEC official

Image for post
Image for post
Photo by Thought Catalog on Unsplash
  • Someone (or a group) is influencing secondary market or trading
  • If there are buybacks
  • The token is being sold in such a large quantity that outweighs potential use
  • If the targeted audience in advertising is people who would (most likely) use the token and not the general public

Written by

Inspiring and educating people about money, entrepreneurship, investing, and mindset. | For writers → amazon.com/dp/B08P2F2BPH | Others → davidolarinoye.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store