Is crypto a security, bro?
Behind the Money
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The SEC's Role in Cryptocurrencies
Gensler: Fraud is a very strong word. And you can run a business that sucks in an industry that makes not a lot of sense, but people are still willing to pay for it. He's suing about these newer fangled cryptocurrencies that have some amount of economic reality resembling a stock capital raise. Gensler: If the enterprise that stands behind them were to disappear, the cryptocurrency would march on.
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