Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Whales that are used heavily on Bitcoin Longs – this is why this can work out counterproductive!

2025-05-19

Alchemie acquires Solana developer Dexterlab for unknown sum

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate web3 ai-game development

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17
  • Analysis

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Web 3»Insights into the SEC’s attack on Ethereum
Web 3

Insights into the SEC’s attack on Ethereum

2024-05-03No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

TL; DR

  • ‘Commodities’ are things (e.g. oil, gold, wheat), while ‘securities’ are shares in ordinary companies (i.e. corporations). The SEC thinks ETH is a security.

Full story

How about some light reading on securities law to kickstart your Friday morning?

We’re going to discuss the legal arguments from both sides, as simply as we can.

OK ready? Okay, let’s go!

Understanding the argument:

‘Commodities’ are things (e.g. oil, gold, wheat), while ‘securities’ are shares in ordinary companies (i.e. corporations).

The SEC’s argument essentially claims that:

ETH tokens represent shares in the “common venture” (company), namely the Ethereum network, where buyers expect to make a profit based on the efforts of others (developers).

The argument being made by the companies now being sued for selling an ‘unregistered security’ (ETH tokens) is this:

Everything the SEC says is true…EXCEPT for the claim that Ethereum is a joint venture (company).

It is instead: an open source project, without a central team (e.g. a board) that has the final say on what can/cannot be done with the network.

That means ETH tokens are better framed as a commodity, like gold (which is used as both money and a store of value).

Sure, gold mining systems have been continually updated over the centuries – but that doesn’t mean gold (the metal) is a ‘business’ – it’s still just a ‘thing’.

The same goes for ETH tokens – yes, the method of mining them has changed with ‘The Merge’ update…

But the tokens themselves are still just “things” that we use as money and as a store of value.

See also  Pudgy Penguins Solana token, Ethereum NFTS diving alongside abstract network launch

Here’s our guess as to how this will work out:

The Ripple XRP case will spell the downfall of the SEC.

(It gave legal precedence that the public sale of crypto tokens similar to ETH does not = the sale of unregistered securities).

But then again, we’re not lawyers.

Source link

Attack Ethereum Insights SECs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum: Why this analysis company expects ETH $ 6K to hit in 2025

2025-05-19

Ethereum – price cannot break through – what does it stop?

2025-05-19

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Ethereum – price is struggling to keep above $ 2,500 – watch out for this support level

2025-05-18
Add A Comment

Comments are closed.

Top Posts

The population of sharks and whales is growing rapidly

2024-07-31

Japan’s plastic recycling trial uses blockchain technology to track waste

2024-01-21

Ripple Says SEC Suffered Setbacks in XRP Lawsuit, Predicts When a Trial Will Be Issued

2023-05-01
Editors Picks

Dogecoin faces critical resistance: will it rise past $0.40 or face a price drop?

2024-11-28

Global regulators discussing ways to ‘eliminate’ Bitcoin point to cracks in the fiat system

2024-10-21

Thailand is set to launch a $12.4 billion digital money program to boost the local economy

2024-07-15

Crypto Inflow Surge – Will Bitcoin hold on after $ 725 million to institutional support?

2025-03-26

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Finish Bitcoin price inches in the direction of all time-can Momentum?

Whales that are used heavily on Bitcoin Longs – this is why this can work out counterproductive!

Alchemie acquires Solana developer Dexterlab for unknown sum

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,146.41-0.39%
  • ethereumEthereum(ETH)$2,522.35-0.44%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.37-2.16%
  • binancecoinBNB(BNB)$646.52-0.90%
  • solanaSolana(SOL)$166.20-4.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.224020-4.23%
  • cardanoCardano(ADA)$0.74-3.12%
  • tronTRON(TRX)$0.264752-1.82%
  • suiSui(SUI)$3.78-3.37%
  • chainlinkChainlink(LINK)$15.74-2.17%
  • avalanche-2Avalanche(AVAX)$22.42-3.77%
  • stellarStellar(XLM)$0.285801-2.60%
  • hyperliquidHyperliquid(HYPE)$26.00-2.50%
  • shiba-inuShiba Inu(SHIB)$0.000015-3.60%
  • hedera-hashgraphHedera(HBAR)$0.192287-2.49%
  • unus-sed-leoUNUS SED LEO(LEO)$8.64-0.74%
  • bitcoin-cashBitcoin Cash(BCH)$389.80-3.62%
  • the-open-networkToncoin(TON)$3.02-5.31%
  • litecoinLitecoin(LTC)$98.84-2.08%
  • polkadotPolkadot(DOT)$4.62-4.29%
  • moneroMonero(XMR)$342.440.43%
  • bitget-tokenBitget Token(BGB)$5.15-1.08%
  • pepePepe(PEPE)$0.000013-3.95%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.72-2.85%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.00-3.22%
  • bittensorBittensor(TAO)$412.64-4.58%
  • aaveAave(AAVE)$238.55-0.26%
  • nearNEAR Protocol(NEAR)$2.78-2.92%
  • aptosAptos(APT)$5.15-1.58%
  • okbOKB(OKB)$52.32-2.23%
  • ondo-financeOndo(ONDO)$0.93-3.59%
  • kaspaKaspa(KAS)$0.107419-7.04%
  • ethereum-classicEthereum Classic(ETC)$18.44-2.12%
  • internet-computerInternet Computer(ICP)$5.25-2.58%
  • gatechain-tokenGateToken(GT)$21.41-1.60%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.86-3.47%
  • crypto-com-chainCronos(CRO)$0.095887-4.41%
  • mantleMantle(MNT)$0.73-1.62%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.234566-2.86%
  • vechainVeChain(VET)$0.028097-3.30%
  • render-tokenRender(RENDER)$4.60-3.03%
  • ethenaEthena(ENA)$0.370489-6.65%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • filecoinFilecoin(FIL)$2.89-1.39%
  • algorandAlgorand(ALGO)$0.222608-2.10%
  • arbitrumArbitrum(ARB)$0.390681-1.82%
  • bitcoinBitcoin(BTC)$105,146.41-0.39%
  • ethereumEthereum(ETH)$2,522.35-0.44%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.37-2.16%
  • binancecoinBNB(BNB)$646.52-0.90%
  • solanaSolana(SOL)$166.20-4.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.224020-4.23%
  • cardanoCardano(ADA)$0.74-3.12%
  • tronTRON(TRX)$0.264752-1.82%
  • suiSui(SUI)$3.78-3.37%
  • chainlinkChainlink(LINK)$15.74-2.17%
  • avalanche-2Avalanche(AVAX)$22.42-3.77%
  • stellarStellar(XLM)$0.285801-2.60%
  • hyperliquidHyperliquid(HYPE)$26.00-2.50%
  • shiba-inuShiba Inu(SHIB)$0.000015-3.60%
  • hedera-hashgraphHedera(HBAR)$0.192287-2.49%
  • unus-sed-leoUNUS SED LEO(LEO)$8.64-0.74%
  • bitcoin-cashBitcoin Cash(BCH)$389.80-3.62%
  • the-open-networkToncoin(TON)$3.02-5.31%
  • litecoinLitecoin(LTC)$98.84-2.08%
  • polkadotPolkadot(DOT)$4.62-4.29%
  • moneroMonero(XMR)$342.440.43%
  • bitget-tokenBitget Token(BGB)$5.15-1.08%
  • pepePepe(PEPE)$0.000013-3.95%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.72-2.85%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.00-3.22%
  • bittensorBittensor(TAO)$412.64-4.58%
  • aaveAave(AAVE)$238.55-0.26%
  • nearNEAR Protocol(NEAR)$2.78-2.92%
  • aptosAptos(APT)$5.15-1.58%
  • okbOKB(OKB)$52.32-2.23%
  • ondo-financeOndo(ONDO)$0.93-3.59%
  • kaspaKaspa(KAS)$0.107419-7.04%
  • ethereum-classicEthereum Classic(ETC)$18.44-2.12%
  • internet-computerInternet Computer(ICP)$5.25-2.58%
  • gatechain-tokenGateToken(GT)$21.41-1.60%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.86-3.47%
  • crypto-com-chainCronos(CRO)$0.095887-4.41%
  • mantleMantle(MNT)$0.73-1.62%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.234566-2.86%
  • vechainVeChain(VET)$0.028097-3.30%
  • render-tokenRender(RENDER)$4.60-3.03%
  • ethenaEthena(ENA)$0.370489-6.65%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • filecoinFilecoin(FIL)$2.89-1.39%
  • algorandAlgorand(ALGO)$0.222608-2.10%
  • arbitrumArbitrum(ARB)$0.390681-1.82%