[rvz]

Looks like the crypto critics are now confused and have gone silent again after the Bitcoin leveraged ETFs getting approved and now they got this one wrong again. Just for the ones at the back, it is absolutely NOT the SEC that determines what is and what isn't a security and the SEC does NOT get the final say, which this summary judgement has already shown.

But of course complain all you want, but there was a reason why the SEC did not want the Hinman documents unsealed (whilst everyone else was screaming at another hysteria around Coinbase in [0]) and the SEC attempted to request those documents to be sealed and that was denied as well. [1]

[0] https://news.ycombinator.com/item?id=36302231

[1] https://news.ycombinator.com/item?id=36306757

[eric_cc]

There is a lot of hate here for crypto but you have seen nothing yet. The cognitive dissonance is going to be a sight to behold in the next 365 days.