📣 Breaking news! Crypto YouTuber Ian Balina has been caught in the SEC's net for selling unregistered securities. The court ruled that Balina's purchase and offer of Sparkster (SPRK) tokens to US investors was a no-no. Judge Ezra said, "Nice try, Balina, but US securities laws apply to you too!" The court also found SPRK to be an investment contract under the Howey test. Balina, who bought $5 million worth of SPRK and promoted it across social media, claimed his alleged 30% bonus was just a volume discount. Meanwhile, Sparkster agreed to destroy its remaining SPRK tokens and cough up $35.1 million without admitting guilt. Balina's response? Crickets. 🦗