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SEC Lawsuit Challenges in DeFi
This chapter explores a lawsuit against the SEC by the DeFi Education Fund and the apparel company Bebaba, contesting the classification of airdrops as securities transactions. It highlights the broader implications for the cryptocurrency landscape, focusing on the necessity for clearer regulations and the proactive responses from industry players. Additionally, the chapter examines recent legal theories and controversies surrounding software developer liability, along with a light-hearted discussion on the meme coin Dogecoin's market trends.