It was noteworthy that the US Securities and Exchange Commission (SEC) did not mention cryptocurrencies working with proof-of-work (PoW) mechanism in the lawsuits filed against Binance and Coinbase.
Giant investor in the crypto money industry Digital Currency Group (DCG) CEO Barry Silbert On June 6, he published on his official social media account. in the shipmentin case files proof of work with the system worker network cryptocurrencies not mentioned expressed.
Barry Silbert made the following statements in his statement:
No proof-of-work tokens are included in any case files. I believe in Bitcoin (BTC), Litecoin (LTC), Monero (XMR), Ethereum Classic (ETC), and Zcash (ZEC).
It is among the PoW cryptocurrencies that Barry Silbert does not share in his share, but is among the 100 most valuable cryptocurrencies. dogecoin (DOGE), Conflux (CFX), Bitcoin Cash (BCH) And Bitcoin SV (BSV) is located.
in the Binance case, BNB, Cardano (ADA), Solana (SOL), Polygon (MATIC), TRON (TRX), Binance USD (BUSD), Cosmos (ATOM), Filecoin (FIL) and Algorand (ALGO) qualify as securities. In the Coinbase case Unlike Binance The Sandbox (SAND), Axie Infinity (AXS), Coti (COTI), Dash (DASH), Flow, (FLOW), Internet Computer (ICP), Near Protocol (NEAR), Voyager (VGX), and Nexo (NEXO) took place.
There have been various speculations about it being a security before. Ethereum (ETH) and currently pending securities litigation Ripple (XRP) on the list was not included.
SEC’s lawsuits securities aspect describing cryptocurrencies fate started to wonder.