from Hacker News

SEC says memecoins are not securities

by jhunter1016 on 2/28/25, 12:09 PM with 7 comments

  • by aurareturn on 2/28/25, 12:18 PM

    Sad. Of course they're saying that. Crypto has bought the whole government.

    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.

  • by EGreg on 2/28/25, 4:40 PM

  • by duxup on 2/28/25, 12:46 PM

    Considering the Trump profited from his own meme coin this just seems like more cronyism / self dealing and so forth …

    Meme coins seem like the perfect bribery system.