Memecoins: Has Trump Used A Loophole In Securities Law?
Published:
2025-01-23 14:30:02
Anonwassielawyer begins with a provocative summary: 'Trump launched a memecoin that ran to over $70 billion from the US of A. Is crime legal now?' According to his analysis, the legal foundation for such launches has always existed, rooted in the distinction between securities and non-securities in US law. Memecoins, which lack inherent utility or revenue-sharing mechanisms, are not classified as securities, allowing them to operate outside the stringent regulations that govern traditional financial instruments.
|Square
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