US SEC warns of ‘crypto asset securities’ scams without legal clarity

The securities regulator recently warned about scams involving ‘crypto asset securities,’ starting a debate around the term’s legal status. Previously, Ripple’s Chief Legal Officer Stuart Alderoty, argued that the term lacked a legal definition when the SEC used it in an FTX-related filing. In the SEC’s enforcement actions with exchanges and crypto companies, what truly […] source: https://www.cryptopolitan.com/us-sec-warns-of-crypto-asset-securities-scams-without-legal-clarity/