An Interesting Approach to Altcoins Considered by SEC as Securities by Barry Silbert! “Common features…”

SEC cryptocurrency The two largest cryptocurrency exchanges in the world for two days in a row as they continue to increase their pressure against the sector. Binance and CoinbaseHe sued.

Alleging that the exchanges violated securities laws in this case, the SEC altcoinsHe argued that privates are also securities.

In the SEC Binance lawsuit Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity (AXS), Coti (COTI) ), Binance coin (BNB) and BUSDHe said it was a security.

SEC in Coinbase case and Binance case counted Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO) and Axie Infinity (AXS) outside of common altcoins Chiliz (CHZ), Near Protocol (NEAR), Hashflow (FLOW), Internet Computer (ICP), Voyager Token (VGX), Dash (DASH) and NEXO’He argued that it was also a security.

While the SEC is counting some altcoin names, DCG founder Barry Silbert’A post about these altcoins came from .

Silbert responded to The Block editor Frank Chaparro’s post about which altcoins the SEC considers to be securities listed on Coinbase.

In the Silbert share, Bitcoin (BTC), Litecoin (LTC), Monero (XMR), Ethereum Classic (ETC), and Zcash (ZEC) stated that POW tokens such as

“None of the SEC lawsuits have BTC, LTC, XMR, ETC, ZEC, etc. There is no Proof of Work token. “

no Proof of Work tokens in any of the arguments, I believe (BTC, LTC, XMR, ETC, ZEC, etc.)

— Barry Silbert (@BarrySilbert) June 6, 2023

*Not investment advice.