Jake Chervinsky
@jchervinsky
What do you not understand about crypto law or policy that you wish someone would ELI5?
23 replies
65 recasts
447 reactions
Michael Depetrillo
@klassicd
Would the elimination of accredited investor laws solve most of our problems? It seems like it then wouldn't matter what is or isn't a security.
1 reply
0 recast
1 reaction
Jake Chervinsky
@jchervinsky
The opposite, actually! The accredited investor laws are a *deregulatory* exemption allowing issuers to sell securities without complying with the full force of the securities laws (aka IPO). If you eliminate them, you make it even harder. I wrote about this here: https://x.com/jchervinsky/status/1121429980968378368
1 reply
0 recast
2 reactions
