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ā€œThe Tokens are, and were, securities as defined by the Securities Act,ā€ the legal filing stated."

This statement appears to be fundamentally flawed. Cryptocurrency tokens are not explicitly enumerated within the Securities Act. Instead, their potential classification as securities is determined through judicial interpretation, specifically by applying the Howey test established in landmark court decisions.

#pumpfun

#tokens

#howey

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Looking for great accounts sharing news, law updates, science, tech, and interesting discussions but no Bitcoin talk. Drop your recommendations below! šŸ”½

#asknostr

#nostr

if she told Lyft about it in advance and they, as a company, denied to service her, maybe there is a case. However, if Lyft driver decided not to serve her, and as Lyft drivers are contractors, then it is a personal situation and Lyft unlikely to be liable.

why is it necessary to do it?

Taking the COVID vaccine is not an issue. However, mandating it for healthy individuals and children after it was shown that it does not prevent transmission from vaccinated individuals was a mistake. At that point, it no longer made sense. Those who are vulnerable or want to take it should do so, but otherwise, it was unnecessary.

#covid

#vaccine

#mRNA

Bitcoin is a reliable cryptocurrency, but its access and usage can be challenging. Wallets are complex, susceptible to hacking, and can be lost, while exchanges also face security risks. It is more suitable for those with expertise rather than the average person.

#bitcoin

Why haven’t Bitcoin advocates realized that cryptocurrencies are competitors to the dollar’s apex dominance in global finance? No reasonable U.S. government—regardless of political party—will allow Bitcoin to have any official currency function beyond being treated as a commodity, like gold. Moreover, Bitcoin doesn’t even offer true anonymity, which is why the U.S. strongly opposes mixers and tumblers. The strength of the U.S. lies in the dollar, not its military, and nothing will be allowed to undermine that.

#bitcoin

#crypto

"Brogan explained that memecoins may not be classified as securities under the Howey test."

However, memecoins could be viewed as securities if they are operated in a centralized manner and actively promoted. One particularly strange aspect of this case is the insider-trading-like launch. The coin was immediately available for exchange into real currency or other cryptocurrencies on centralized exchanges, which is highly unusual. This suggests intentional promotion.

in this regard, the claim that the memecoin is merely a collectible is questionable. Another notable aspect of the launch reportedly was that the issuer collected money not by directly selling coins, but through transaction fees, as though distancing themselves from any involvement in price fluctuations.

#memecoins

#howeytest

The save button on the profile page of iris.to for the web doesn't work. Do you know why?

This is Nostr, not Mastodon. How is this post showing up here?

I don’t think he did anything technically wrong. Even the funding for the Wuhan lab likely went through multiple layers of bureaucracy for approval. His stance on masks and COVID was within reason, and the initial flip-flopping stemmed more from him being a political survivor than a good scientist, having held his position for 40 years.