Post
Topic
Board Altcoin Discussion
Re: The altcoin topic everyone wants to sweep under the rug
by
Come-from-Beyond
on 16/03/2016, 22:35:19 UTC
Afaik, you sold a token which can be resold by investors. The Supreme Court has said about the Howey test, that it would look past all attempts to obfuscate a security.

Software is not an investment, rather it is purchased for a use case. The Howey test looks at what the expectations were of those purchasing.

Your lawyers are ignorant apparently.

Could you comment on http://curia.europa.eu/jcms/upload/docs/application/pdf/2012-07/cp120094en.pdf, please?