Cryptocurrencies Have Been Considered as Securities During the Process in the U.S. Court

Initial coin offering (ICO) campaigns fall under securities law -- at least through the criminal law point of view. According to Reuters, American lawyer and the U.S. District Judge Raymond Dearie in Brooklyn, New York, rendered such verdict yesterday, on September 11, which hints that cryptocurrencies may be acknowledged as securities in the U.S. legislative system.

In particular, the judge upheld a criminal prosecution involving the U.S. citizen Maksim Zaslavskiy who was arrested in November 2017 for misleading cryptocurrency investors and holding two ICO scams. In his criminal ac
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