📊 Buybacks ≠ Automatically Securities
The SEC has clarified that an issuer's buyback announcement for a functional crypto system would not itself constitute a promise of essential managerial efforts. The analysis can differ when a network isn't functional and buybacks are promoted as generating returns.
$ETH $SOL $XRP
#secsaysbuybacksupgradesdontmaketokensecurity
The SEC has clarified that an issuer's buyback announcement for a functional crypto system would not itself constitute a promise of essential managerial efforts. The analysis can differ when a network isn't functional and buybacks are promoted as generating returns.
$ETH $SOL $XRP
#secsaysbuybacksupgradesdontmaketokensecurity