Quote from: TPTB_need_war on April 06, 2016, 02:23:48 AM

Quote from: StinkyLover on April 05, 2016, 10:14:41 PM

Quote from: TPTB_need_war on March 15, 2016, 11:03:05 AM

SEC sent out a warning in January 2016. Hope the pumpers are preparing for their jail time:

Quote from: Spoetnik on March 15, 2016, 05:43:56 AM

Read it yourselves.. https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf (Issued Jan 4th 2016)

I get where you're coming from but that link statement doesn't tally with what you've written. That link is talking specifically about Ponzi schemes which involve an individual or group 'personally' taking money from a person or people to pay off previous investors thereby creating a false impression of investment return.

You need to learn to read:

Quote

Look Out for Potential Scams
Using Virtual Currency

We are concerned that the rising use of virtual currencies
in the global marketplace may entice fraudsters to lure
investors into Ponzi and other schemes in which these
currencies are used to facilitate fraudulent, or simply
fabricated, investments or transactions

Yes but you can clearly see that they are saying "and other schemes in which these currencies are used to facilitate fraudulent, or simply fabricated, investments or transactions".

There is still nowhere that says cryptocurrencies as a whole are fraudulent. The statement is that fraudsters are being enticed to use them for fraudulent purposes. It only talks about the rising use of cryptocurrencies. It no way does it label cryptos as illegal securities or warn users (or devs) that they might be in trouble now, or in the future.

How are you interpreting the statement above to apply to any crypto in existence?