Author Topic: How big a threat is the SEC?  (Read 5487 times)

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Offline nomoreheroes7

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While doing my usual perusal of "anti-Bitshares" posts on the forums, one remark caught my eye. Some are of the opinion that the SEC will be ready to crack down on Bitshares as soon as it grows large enough to catch notice, due to illegal securities trading. My thought had been that since Bitshares is more of a "prediction market" in that the underlying assets are not truly being bought or sold, that this would not be a problem. However, I am not well versed in securities law nor am I sure that I entirely understand what is being bought or sold in these prediction markets, so I would definitely like to hear some thoughts on this matter from those more knowledgeable than I. Is the SEC ban hammer a threat?