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by brilliantcode
3342 days ago
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It never ceases to amaze me how gullible people are with all these questionable "crypto" coins being traded on Poloniex. Price is manipulated but because these don't fall under SEC's turf it's being looked the other way... but if anything should keep the Poloniex and Ethereum guys awake is that the SEC has traditionally retroactively applied a law however far back they need to. This means that you should start treating cryptocoins under the assumption that the SEC would retroactively view it as equity therefore violation of trading laws. |
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