Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ⚫️ BLOCKPOOL - Real World B2B Blockchain Solutions ⚫️
by
00johnston00
on 11/02/2018, 01:19:30 UTC
The 5% rate has nothing to do with the SEC or US regulations


Anyone vaguely familiar with basic US securities law understands that a 5% profit sharing dividend has everything to do with US SEC regulations.  When you offer a share of your profits to asset holders, that asset is a security.  This is common law and knowledge.  Below is the grossly negligent memo released by Blockpool's discount legal counsel, regarding their (painfully inaccurate) opinion:


https://i.imgur.com/bexvd1E.png


Don't take my word for it.  Don't take Blockpool's word for it.  Do your own research.  There are competent projects out there.  Blockpool is simply not one of them.

inb4 Blockpool devs and fanboys call me a troll, instead of refuting the fact that their profit-sharing token model is an illegally created security in the United States