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LXP 🎭⚡🎩
@lxp
The US Securities and Exchange Commission (SEC) announced that it considers digital currency mining devices as securities. This position was raised during the SEC's lawsuit against Green United and was upheld by a federal court. In March of last year, the SEC charged Green United with an $18 million fraud through the sale of Bitcoin (BTC) mining machines. The court held that the SEC had sufficiently established that the Green Boxes (computer hardware) together with the hosting agreement for their operations constituted a security. This decision could have a significant impact on the cryptocurrency mining industry in the United States.
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Han 🎩
@ark7
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