Is GMX legal in the US?

Can you clarify the legality of GMX in the United States? As an investor, I'm interested in understanding whether trading or owning GMX tokens is permitted under current US regulations. I've heard mixed opinions about the status of cryptocurrencies in general, and I'd like to ensure that engaging with GMX aligns with all relevant laws and regulations. Can you provide some insight into the current legal landscape for GMX in the US, and any potential risks or considerations I should be aware of?