It’s right there in the white paper — cryptocurrency is about government handouts.
“Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message.”
The Durovs cry themselves to sleep on a not-as-big-as-hoped bed made of rather less money than they’d anticipated.
Call all you want, but there’s no one home. And you’re not gonna reach my telephone.
“It has been  days since the last inexplicably rare loss of customer funds from a Bitcoin exchange”
The Howey test is so vague, and cryptos are so new! Who could know anything, really? See you in court.
If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.
Telegram’s whole scheme was to skin precisely the retail buyers who securities registration is meant to protect from being ripped off.
Crypto in general is a complicated machine to funnel decreasing supplies of actual-money from retail suckers to about twenty guys.
Ethereum is the World Computer! As long as you don’t try to use it for any sort of real application.