Problems with the SEC

[jpsrrv]

There you go:

Cardano disclaimer implies an investment contract

I realise I am sticking my neck out here and only want to open up discussion; certainly not criticising anyone or demanding any changes… On closer reading of the pages on daedaluswallet.io today, I’m worried the disclaimer language in the page footers would allow SEC auditors to legally argue that assets managed with Cardano represent an “investment contract” and are therefore subject to regulation, e.g.: You are fully and solely responsible for evaluating your investments , for determining …

Hoskinson’s quotes:

What are the repercussions of claiming XRP is a security?