Post
Topic
Board Altcoin Discussion
Re: The altcoin topic everyone wants to sweep under the rug
by
TPTB_need_war
on 08/04/2016, 04:39:31 UTC
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?

Re-read the entire analysis in this thread.