Today news
About the same in other media
Connecticut jury decides mining related crypto-products do not count as securities
Reading now: 123
ambcrypto.comIn a “first-of-its-kind verdict,” a Connecticut jury found that multiple digital-asset products linked to a cryptocurrency mining operation cannot be considered as “securities.” This verdict has come at a crucial juncture. The U.S. is already in the middle of a debate pertaining to the stretched out Ripple vs SEC lawsuit.
The jury found that digital products in question, including a virtual currency and a digital wallet, were not investment contracts, as reported by Law360. In this case, the petitioners were customers of a mining company that sold Hashlets, Hashpoints, Paycoin and HashStakers. These customers alleged all the above four products were “unregistered securities.”
But the jury found otherwise. This could be a surprise for the
Read more on ambcrypto.comAbout this in other media
DoraHacks Secures USD 8 Million by Binance Labs to Build a More Open-Source Blockchain World cryptonews.com /2 years ago
Trading Consultant Adam Carringer Helps People Earn Financial Security cryptonews.com /2 years ago
Navigating CityCoins: Miami citizens to earn Bitcoin despite the city not holding crypto cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
