Judge Slaps Down SEC Attempt to Label ICO Token as Security

Judge Slaps Down SEC Attempt to Label ICO Token as Security


US District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Blockvest ICO is, in essence, not a security — or at the very least that the Securities and Exchange Commission (SEC) had failed to demonstrate that met the characteristics of a security under US law. There are three important metrics

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Posted by P. H. Madore on November 28, 2018 @ https://www.ccn.com/judge-slaps-down-sec-attempt-to-label-ico-token-as-security/

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