And I bet the team greatly appreciates an unlicensed investment advisor peddling their unregistered securities. There is probably some country where that's legal so it's all cool, right?
@suchmoon Where's your proof that Atoms are unregistered securities? The Ionomy team has openly said that Atoms are not a securities...
You should update your Bitcoin ION FAQ to include the real answer that Ionomy non-blockchain tokens are not securities...
Q: What is ionomy?
A: Mainly an online wallet for ION and an ION/BTC exchange, with
some non-blockchain features such as atoms, electrons, and stakers.
Q: Are community masternodes, atoms, or any other ionomy tokens considered securities in the US or Singapore?
A: The team did not provide any details.
15 U.S.C. §78c(a)(10)
(10) The term “security” means any note, stock, treasury stock, security future, security-based swap, bond, debenture, certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalty or lease, any collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or in general, any instrument commonly known as a “security”; or any certificate of interest or participation in, temporary or interim certificate for, receipt for, or warrant or right to subscribe to or purchase, any of the foregoing; but shall not include currency or any note, draft, bill of exchange, or banker’s acceptance which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited.
corresponding part in singaporean law 17 §03(b)
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