Quote from: StinkyLover on April 08, 2016, 02:13:35 PM

Quote from: TPTB_need_war on April 08, 2016, 04:39:31 AM

Quote from: StinkyLover on April 06, 2016, 05:14:35 PM

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.

I have. It's all speculation, embellishment, supposition and extrapolation. No-one has produced anything 'official from the SEC' or any other governing body that positively confirms that the issuing of a cryptocurrency is a fraudulent act in itself. Investment funds based on cryptos is another matter...

Posting a link to what someone on this site said earlier in another post is NOT an official statement. As you said, it's just personal analysis of the law. It's not an official statement from any governing body.

The Supreme Court was quoted. Try reading the thread again.