Varun Srinivasan
@v
SEC statement on Meme Coins https://www.sec.gov/newsroom/speeches-statements/staff-statement-meme-coins
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Garrett
@garrett
TLDR: SEC says meme coins are generally not securities under federal law
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Oliver
@timewarp
Genuine question, did anyone think they were? I thought that was why ppl traded them so heavily. They had no utility so they couldn't be a security
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six
@six
helps to have clarity from SEC either way but idt anyone would never get in trouble for *trading* an unregistered security, its issuers and platforms that would have a problem
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