CoinDesk Podcast Network

UNCHAINED: The SEC Thinks Crypto Airdrops Are Securities. Here's Why This Lawyer Thinks It's Wrong

Sep 20, 2024
Amanda Tuminelli, a legal advocate at the DeFi Education Fund, joins Republican Congressmen Tom Emmer and Patrick McHenry to challenge the SEC's classification of crypto airdrops as securities. They argue that this interpretation misapplies the Howey test and complicates the regulatory landscape for billion-dollar airdrops. Tuminelli discusses ongoing legal battles surrounding airdrops, the SEC's shifting rhetoric, and the broader implications of these regulations on crypto innovation, emphasizing the need for clearer guidelines.
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