> This could become much bigger if the SEC uses this enforcement as an example reference case for future actions against other token projects that followed a similar playbook over the past several years
There is no other project, not even a close one, who sold tokens worth almost $1b rewarding their execs, while offering no value whatsoever.
This is not a win for the SEC, this is the case they truly couldn't lose. Yes, they didn't lose everything but that was also not possible to begin with
There is no other project, not even a close one, who sold tokens worth almost $1b rewarding their execs, while offering no value whatsoever.
This is not a win for the SEC, this is the case they truly couldn't lose. Yes, they didn't lose everything but that was also not possible to begin with