Jake Chervinsky
@jchervinsky
The SEC sank to new lows yesterday. Since day one, the SEC has said tokens *are* securities, even though that makes no sense as a matter of law. Yesterday in the Binance case, they finally admit that's wrong — and gaslight a federal court about YEARS of their own arguments 🤯 h/t @iampaulgrewal for posting on X:
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Joni Allbright
@ddhhbruninhoo
SEC's inconsistency and lack of clarity is troubling
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