Rep. Ritchie Torres
@RepRitchie
In the Howey case, the Supreme Court never held that orange groves in themselves are securities. It held that orange groves can be part of investment contracts, which are securities.
Like orange groves, digital assets in themselves are not securities. Using the term “digital aesurd as using the term “orange grove securities.”
2024-09-27T15:57:13.000Z