Post
Topic
Board Altcoin Discussion
Re: The altcoin topic everyone wants to sweep under the rug
by
TPTB_need_war
on 11/11/2015, 01:00:01 UTC
To put this topic to bed once and for all, the head of the SEC, Ms. Kara Stein came out today and spoke positively of "blockchain technology".   
 
http://www.coindesk.com/sec-commissioner-kara-stein-blockchain-technology/

Nothing and absolutely nothing in her statements absolves culpability under the USA Securities law and Howey test.

You seem to completely misunderstand (and conflate) that statements about the potential of technology speak to nothing about legal implications of the rollout of technologies to investors.

Again I have warned you all that virtually all of the altcoins are ILLEGAL unregistered investment securities and by trading in them, you speculators are potentially setting yourselves up to be culpable, especially those of you who have prominent roles in the community and make statements about speculation.

Proceed at your own peril. And do consult your attorney, because IANAL.