Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely software’

Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely software’

Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely software’

According to CLO Daniel Schoenberger, the team developed a “workable theory of how token morphing may be achieved” for DOT based on the SEC’s concerns and federal securities laws.

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