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TheBitcoinManual 2y ago

Oef! If the SEC wins this one then any exchange with an exchange token is about to get the native sh*tcoins kicked out of them

https://void.cat/d/M7iyDFJd2CgGtDUe88128G.webp

The #SEC could potentially use this as a way to take down exchanges, delist tokens or shut exchanges out of US markets! lol Altcoin Casinos' have to be sharting themselves right now

https://www.coindesk.com/policy/2023/03/29/crypto-exchange-beaxy-shut-down-after-sec-lawsuit/

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Chris 2y ago

Is there any list available with exchange platforms and if they have ever created their own token?

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OldSchool 2y ago

This is what could happen to ETH..it could retain commodity status but all its ERC20 tokens become unregistered securities..rendering the ecosystem as useless

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TheBitcoinManual 2y ago

That's a good point, if you can capture the biggest securities like your Uniswaps or even go after the stablecoins, ETH is pretty much a carcass and likewise for all the copycat EVM chains