Not really surprising but good to see the SEC start saying it forcefully, and will be even better when they start saying it in enforcement actions with 9 figure fines attached.https://twitter.com/katherineykwu/status/1113452950041649157 …
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ICOs were repeatedly used in investment schemes to con billions of dollars out of retail investors. That was illegal before it was done, illegal when it was done, and is illegal now.
4:59 PM - 3 Apr 2019
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THIS IS HUGE: the SEC just released an official statement on “Framework for ‘Investment Contract’ Analysis of Digital Assets” analyzing whether a digital asset is a security or not
READING NOW WILL POST ANALYSIS HERE STAY TUNED