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Bloomberg Law
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Liability for Selling Securities through Social Media
This chapter explores the complexities surrounding the liability for selling securities through social media platforms and the challenges of determining who qualifies as a statutory seller. It discusses a Supreme Court case involving Cardone Capital and the denial of the case possibly due to the novelty of social media cases. The chapter also delves into the different rulings of circuits regarding solicitation and the reluctance of sellers of crypto assets to register their securities.
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