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Cryptolawyer, Arbiter of Tokenization, Ravager of Sour Patch Children. Opinions expressed here reflect the views of the Tribunal and not a living entity.
Nov 16, 2018 17 tweets 5 min read
These orders are significant for reasons that may not be immediately obvious. While clarity is welcome, I think the SEC is setting a precedent that is likely to punish responsible companies looking to comply. A thread 👇 I’m sure there will be great takes from the usuals (e.g. @jchervinsky , @msantoriESQ , @propelforward , @stephendpalley), so follow them for more in depth discussions, but I want to focus on one particular section of these orders: the 12(g) registration requirement.