via Architect9000 on X #SEC vs #COIN asserts that #Coinba

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via Architect9000 on X #SEC vs #COIN asserts that #Coinbase is facilitating the unregulated exchange of securities. But the SEC says, "the token itself is not the security." If tokens aren't securities, the SEC is toast. I make the Motion to Dismiss odds at 35%. Judge Failla will likely rule in March.

via Architect9000 on X
#SEC   vs #COIN   asserts that #Coinbase  is facilitating the unregulated exchange of securities.
But the SEC says, "the token itself is not the security."
If tokens aren't securities, the SEC is toast. I make the Motion to Dismiss odds at 35%. Judge Failla will likely rule in March. 