.hoffmang has named the list of cryptocurrencies he believes are unregistered securities
Beyond attempting to classify different coins as either non-securities or securities, Hoffman, a seasoned tech executive, also explained that projects should not rely on selling their tokens or coins to investors in order to raise funds legally in the US. Instead, there are well-known ways to do so without putting potential investors at risk., Hoffman also recently predicted that the SEC would win this legal battle against Ripple.
While cryptocurrencies certainly have characteristics of securities, it is important to note that not all cryptocurrencies are necessarily securities. Bitcoin specifically is generally considered to be decentralised and non-security; meaning it does not provide investors with an ownership share in a project or portion of profits made by the project’s venture. However, as r
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