Fox reporter Eleanor Terrett wrote on the X platform that during Kraken's motion to dismiss hearing against the Securities Exchange Commission (SEC), the SEC adhered to its "ecosystem" view to show that digital asset buyers are "buying something."
SEC lawyers encouraged Judge Orrick to consider not just the contract but the overall "substance", such as promotional materials and issuer statements; he even cited Kraken's website, which refers to "ecosystems".
SEC: Adhering to the "ecosystem" view, digital asset buyers are "buying something"
2024-06-20 19:19:33
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