Last week, the U.S. Securities and Exchange Commission filed a complaint against a former executive of a crypto exchange and other parties for insider trading. What got the attention of some market watchers, however, was that the SEC labelled nine digital tokens as securities in its complaint, a move that might hold greater implications for the digital assets industry. On Thursday, the SEC and the U.S. Department of Justice filed insider trading charges against former Coinbase product manager Ishan Wahi, his brother Nikhil Wahi and Sameer Ramani. In a press release, the DOJ stated that the...
source: https://tokenpost.com/SEC-identifies-nine-cryptos-as-securities-in-its-complaint-against-former-Coinbase-exec-9689
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