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The SEC Thinks Crypto Airdrops Are Securities. Here's Why This Lawyer Thinks It's Wrong - Ep. 707

Unchained

CHAPTER

SEC's Airdrop Dilemma

This chapter examines the SEC's classification of cryptocurrency airdrops as potential securities offerings, challenging their perception as mere giveaways. It critiques the SEC's expansion of the definition of 'investment' to include promotional efforts, arguing this may contradict legal precedent such as the Howey test. The discussion also highlights the ongoing litigation surrounding this issue and the implications for compliance and innovation in the crypto space.

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