Telegram responds to the SEC complaint about the Grams ICO
The Howey test is so vague, and cryptos are so new! Who could know anything, really? See you in court.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
The Howey test is so vague, and cryptos are so new! Who could know anything, really? See you in court.
With bonus taster from forthcoming Libra thing.
“BITCONNECT SAID TO EXIT LIBRA CONSORTIUM FOR FEAR OF BAD PRESS”
I’ve taken a week off work specifically to write stuff — sit down, open laptop, don’t play Angry Birds. (Well, less Angry Birds.)
Yesterday I recorded an hour with Keyword: Crypto — and it’s already up!
If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.
“In a way it’s liberating” — David Marcus on almost all the payment companies leaving Libra.
Telegram’s whole scheme was to skin precisely the retail buyers who securities registration is meant to protect from being ripped off.
Libra wasn’t Facebook’s first foray into payment systems. A decade ago, it set up Facebook Credits — to cash in on pay-to-win games.
PayPal “remains supportive of Libra’s mission” — so that’s nice.