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Scary argument to take ad absurdum re: EtherDelta. Does it make sense to hold the author of a generally useful protocol responsible for specific misuses? Even the DMCA managed to carve out a safe harbor for facilitators of copyright infringement with actual victims.

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U.S. Securities and Exchange Commission

@SECGov

· Nov 16, 2018

Statement on digital asset securities issuance and trading from our Divisions of Corporation Finance, Investment Management and Trading and Markets ow.ly/XWgN30mEfwG

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Mikko Ohtamaa

@moo9000

Nov 16, 2018

It was different era in 2016. The original EtherDelta run on a Github page. Zack got rid of the project as soon as regulation interest around this sector begun. EtherDelta was zero-gen proof-of-concept. To be a PoC it worked little bit too well. tokenmarket.net/news/security-

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Mikko Ohtamaa

@moo9000

Nov 16, 2018

My personal feeling is that the SEC was very soft and understanding with the EtherDelta previous founder.

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Had they gone hard, it'd probably be in court and that is not a good way to start a campaign. This way the SEC gets a win that they can brandish. It'll probably be a while before they aggressively pursue anyone truly interested in defending their position.

10:00 PM · Nov 16, 2018Twitter Web Client