Cryptocurrency Crisis: De-listing of Altcoins Following US Legal Scrutiny

In the aftermath of recent lawsuits, we have seen many exchanges or investment companies in the US de-listing certain altcoins. Investors are also scrambling to rid themselves of these altcoins, leading to a rapid drop in prices. Furthermore, investors are not eager to buy at these seemingly low prices due to the uncertainty of the future. But what if this situation is darker than we initially thought? 566bade0e45f405d7b2431cc335050bb Over the past 3-4 years, we have shared the altcoins labeled as securities by SEC, CFTC, and other US agencies in their investigations/lawsuits. We recently announced our list of such altcoins. More than 50 altcoins (majority of which are no longer existent) have entered into the securities classification. So how was this classification made? Obviously, through the ‘Howey Test‘. As we have published a comprehensive review about this test, you can get the details from the related news (link). The real problem […] The post Cryptocurrency Crisis: De-listing of Altcoins Following US Legal Scrutiny appeared first on COINTURK NEWS.