Forget the SEC: This US Court Just Set a Major Crypto Precedent

Lawyer Stephen D. Palley has an interesting write-up at the Block about how a federal judge has ruled that ATB Coin was an unregistered security even if the token didn’t entitle buyers to profits. The Howey Test doesn’t actually require a security to be a share in a profit-gaining enterprise. ICOs Don’t Need Formal Profit-Sharing to Qualify As Securities A security is defined as something that earns value from the efforts of others, is a common enterprise, and has an investment of actual money. ATB Coin launched in September 2017, but the token’s value has dropped more than 85% since

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Forget NYC: Amazon Should Invest HQ2 Money in Rural Georgia

The small town of Toomsboro, Georgia has been on sale for a while now and is attracting some attention after an article noted that its $ 1.7 million list price was comparable to the cost of a single-family home in California’s San Francisco Bay area. Given that Amazon shelved its plans for the other half of HQ2 after being kicked out of New York City, Jeff Bezos and company should take the opportunity to put their dollars to work where development is needed most: rural America. Single House in San Francisco Costs as Much as Entire Town in Rural Georgia First

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Forget Bitcoin: Why Criminals are Using Fortnite to Launder Illicit Funds

By CCN.com: With well over 200 million users across the globe, few video games have as large a following as Fortnite. The freemium game is so popular that its developer, Epic Games, banked $ 3 billion in 2018. However, according to a report on the Independent, Epic Games isn’t the only entity getting rich off Fortnite. … Continued

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