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ted (not lasso)
@ted
pretty sure revenue coins are considered securities btw they do exist, but you don’t “see” them in plain sight because we can’t market that a coin will generate users a profit unless you want the SEC at your door instead, they’re cleverly designed, named, and marketed by smart teams who play by the rules
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Kieran Daniels 🎩
@kdaniels.eth
Yes but it’s not a security because there is no current definition of a tokenized security. Unless you get got = you’re good.
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ted (not lasso)
@ted
most smart US-based companies took a more cautionary approach to avoid getting bankrupted by legal fees to handle an SEC investigation
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Kieran Daniels 🎩
@kdaniels.eth
For sure. We waited on both companies. But I just meant the issue is the purposeful lack of clarity and that allows so many to get away with it. You’re totally right about rev
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