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Bitcoin.com 2023-08-14 11:30:31

Law Professors Blast SEC’s Concept of Investment Contract in Amicus Brief

Six professors of law have issued an amicus brief in favor of Coinbase, blasting the U.S. Securities and Exchange Commission’s (SEC) stance on the definition of investment contracts. Through a historical examination of the development of securities laws, the brief concludes that an investment contract “requires contractual undertakings to deliver future value.” Law Professors Explain

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