SEC says memecoins are not securities(cnbc.com) |
SEC says memecoins are not securities(cnbc.com) |
As someone who has worked in the crypto industry, it's insane that they're allowed to continue to do this. It's all scams, rug pulls, unregistered securities, insider trading, etc.
Will there be sufficient incentives for good actors and do consumers understand the risk of unregulated investments?
Meme coins seem like the perfect bribery system.