Off-Chain 6/9/22: Regulation is coming and it could be much more aggressive than we expected.
The Decrypting Crypto Podcast
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The New York Lawsuit Targets the Legality of Pull Together Operations
The law suit itself, it challenges the the legality of pull together operations. By describing pull together paco as a quote unquote, lottery scream, which is illegal under new york law,. It's argued that, uh, pull together doesn't qualify as any of the institutions s permitted under us. Law to run a prize linked savings account. And now this was, this was filed in late october of last year, and we're just kind of really hearing the details of this.
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