Attention crypto enthusiasts! 🌟
The US SEC has won another battle against a crypto firm. This time, Rivetz Corp and its CEO Steven Sprague were found guilty of selling unregistered securities through the Ethereum-based RvT token. Judge Mastroianni ruled that the tokens were dependent on Rivetz's entrepreneurial efforts, meeting the Howey test.
🔍 What do you think about this decision? Leave us your comments and join the conversation!