AVAX

[Anonymous No.55237671]

Will the SEC ever come after this?

[Anonymous No.55237717]

>>55237671
Its 3 forks of ethereum wearing a trenchcoat.

To quote: “ In September 2020, Ava Labs US launched the Avalanche blockchain after raising $6 million during their financing round. Their subsequent token sales — private and public — amounted to $48 million.”.

Your shits a security, nigger.
Enjoy the coming SEC rape

[Anonymous No.55237718]

its listed in 1 of the 19 tokens SEC accused

[Anonymous No.55237728]

No, it's completely safe.

>>55237717
Public token sale was not for US retail, get fucked retard

[Anonymous No.55237732]

>>55237718
Not true, AVAX and Pedodot weren't listed in any SEC documents. See graphics.

[Anonymous No.55237900]

>>55237671
Cornell Mafia and CFTF connections say no.

[Anonymous No.55237901]

when you say "sec come after" you mean gensler shorting his target then make a scene right?

[Anonymous No.55237988]

>>55237671
nope.
>close government connections from the start
>did their ICO by the book and never sold to mutts and never advertised the token
>Emin Gün Sirer is Advisor for the CFTC
>Emin hired many legal experts like Lee Schneider
>Ava Labs is seated directly in NYC the most hostile Crypto environment and nobody can touch him

the ICPoor nigger retards on the other hand...
>listed as a security by the SEC
>zero government connections and no legal team
>CFTC and SEC is coming after them because Emin told them to crush these faggots
>Dominic will pay up and lose everything he has then kill himself in Federal Prison
>all ICP shills get sued by the SEC too

[Anonymous No.55238051]

>>55237732
'considered as securities'?
do they mean unregistered securities? else it makes no sense

[Anonymous No.55238217]

>>55237732
unfortunate to see Cosmos in that list surrounded by shitcoin scams/vaporware. Did Cosmos fuck up their ICO or something?

[Anonymous No.55238271]

>>55238217
Yes, they handled it like dogshit.

[Anonymous No.55238309]

>>55237671
no, avax is a registered security

[Anonymous No.55238315]

Pretty sure they're building an entire case against avax and don't want to shoot their load until they have everything they need. Probably the easiest out of all the top projects to torpedo.

Centralised development, a deflationary token burn plus a hard limit on token minting = an investment vehicle bought and sold with the clear expectation of profit reliant on a single entities continued delivery of work. 100% a security.

When it gets out that the avalanche foundation has been paying for the shill army they're toast.

[Anonymous No.55238319]

>>55237728
that won't save you if the token is now offered to mutts in any way
same as link, if the sec wins they'll be forcibly removed from any exchange that allows mutts

[Anonymous No.55238334]

>>55238315
Yeah sure bruv

[Anonymous No.55238374]

>>55238315
cope, see >>55237988

>>55238217
Poosmos is low IQ jeets, what did you expect?

[Anonymous No.55238459]

>>55238271
what a shame

>>55238374
I honestly had no idea they were jeets. judging from google images it looks like half the dev team, kek.

[Anonymous No.55238460]

>>55238315
why would they build a case against avax if they didnt sell to american residents. if the sec considers avax a security in the usa it's not ava labs / foundation's problem if it was listed on american exchange. solana didnt sell to american residents either. the worse that can happen is avax is delisted from american exchanges unless they register with the sec.

[Anonymous No.55238542]

>>55238319
good. americans will just have to use a dex if they want to buy tokens. then the sec will also go after dexes who sold to american residents. top kek nothing will be done they wont be able to shut down dexes

[Anonymous No.55238923]

>>55237988
>proud and boasts globohomo shitcoin
ngmi

[Anonymous No.55238934]

>>55238315
So why would they let the founder work for the CTFC (the agency which designates things securities or commodoties)?

[Anonymous No.55239131]

>>55238374
"Poosmos"? Kek baahahahahahahahaha I love this site sometimes.

[Anonymous No.55239146]

>>55238315
https://docs.house.gov/meetings/BA/BA00/20230613/116085/HHRG-118-BA00-20230613-SD002.pdf

Emin is literally untouchable

[Anonymous No.55239632]

>>55238459
>>55239131
this one Emin/Poosmos interview told me everything I needed to know about it.
https://www.youtube.com/watch?v=WL4vdAR0vSs

I dare you to watch through this shit and listen to the jeet ramblings.

>>55238923
Emin has infiltrated Globohomo, he will turn it into GloboAVAX.

[Anonymous No.55239768]

Tell them to fix their fucking web wallet already. They disabled the 'export tx history as .csv' function.

[Anonymous No.55239854]

>>55238315
>Pretty sure they're building an entire case against avax
yea that's cool except avalanche does not occupy the brains of SEC regulators rent free like it does yours kek
>Centralised development
pull requests are open
https://github.com/ava-labs
>a deflationary token burn
not conducted by avalabs
>hard limit on token minting
irrelevant
> bought and sold with the clear expectation of profit reliant on a single entities continued delivery of work
oh really? Because last time I bought AVAX it went to my wallet controlled by my private keys, where I staked it via the protocol to secure the network which is operated by 1200+ geographically distributed validators, 70%+ of which are hardware nodes. I also used some to pay gas fees to utilize the network for smart contract computation. None of these actions were reliant on continued effort by avalabs, the network already exists and is functional. If avalabs blinked out of existence none of the above would change.
>picrel

[Anonymous No.55239933]

>>55239854
Unapologetically based

[Anonymous No.55240418]

>>55239854
>None of these actions were reliant on continued effort by avalabs
there would be no avax or people working on the network without ava labs

[Anonymous No.55240594]

>>55240418
>there would be no avax or people working on the network without ava labs
>continued effort by avalabs
the network was functional upon mainnet with no further effort from avalabs. AVAX could be used to stake and secure the network as well as purchasing computation from the network of permissionless validators at that point in time, which is the purpose of the token. Just because there's currently 1 client and validators trust that client to be in the best interest of the network does not mean that avalabs controls the network or has any sort of actual authority over it. Appreciation in token price does not depend on effort of a single party specifically and is also not the function of the token.

[Anonymous No.55240670]

>>55240594
>does not mean that avalabs controls the network or has any sort of actual authority over it.
we all know they do. you can try to play with words and concepts but no ava labs, no project.
>Appreciation in token price does not depend on effort of a single party
it absolutely depends on the work of ava labs

[Anonymous No.55240680]

>>55237728
the howie test doesn't care about borders, bigot

[Anonymous No.55240690]

only a supreme court judge will tell us if those ico pos coins are securities or not anyway

[Anonymous No.55240699]

>>55237671
i hope so, it's the most slimy project out there and i report every AVAX shill thread directly to the SEC.

[Anonymous No.55240725]

>>55240699
>/biz/ meme phrases on adverts at your official event
Oh my god, how embarrassing... avax roaches, can we live this down?

[Anonymous No.55240729]

>FedNow launching on a fork of AVAX
you know we're with (((them))) right?

[Anonymous No.55240940]

>>55240670
the operation of the network requires no input from avalabs. They can introduce new features, bug fixes, etc. but it's permissionless and autonomous at this point. The do not decide who gets to run a node, what smart contracts are created, who gets to use the network, how transactions are ordered etc. At this time they own a significant minority of the stake, but it's certainly less than the 80% safety threshold.
>it absolutely depends on the work of ava labs
It absolutely does not. Protocol updates do not generate profit. Does avalabs further the network through BD, etc.? Sure. But token price appreciation requires many independent parties coming together to build valuable applications which drive user traffic and therefore demand for the utility of AVAX, whether they choose to build on avalanche through the efforts of the BD team or not. They do not need a green light from avalabs to build on or use the network. Applications avalabs has built themselves like enclave markets are spun off into legally distinct entities.
>>55240680
The howie test is not particularly relevant as the ICO was conducted under 506(b) the Securities Act. AVAX sold on exchanges/spot markets today clearly is not a security

[Anonymous No.55241359]

>>55240940
it's not different than algo or sol. if those are securities for the sec so should be avax. but the sec may be wrong saying they are securities. only the supreme court will have the final word on the matter

[Anonymous No.55241372]

>>55237671
the SEC is coming after everything, and then it is going to change it's mind about BTC and come for it.

[Anonymous No.55241422]

>>55237671
Avalanche is the CFTC chain anon, don't let any of these pajeets & scared baggies tell you otherwise.

[Anonymous No.55241874]

>>55241359
This thread isn't about those coins. Nowhere did I state that I think Gensler isn't full of shit in general regarding his claimed authority over crypto in general as securities.
However, if you read the SEC complaints for those tokens, one major difference and problem for them is that both of their "Labs" entities conducted fucky stuff with their tokens AFTER their mainnet through buybacks/additional security offerings.

[Anonymous No.55241909]

>>55241372
don't be a unrealistic pajeet, everyone knows it as the big coin that determines the movements of most alts.. even in crypto payments BTC is widely accepted as part of the payments, just that I get lower fees and cashback using xMoney.

[Anonymous No.55242482]

>>55241372
They are going to lose obviously. It happened with XRP and they would get their ass handed to them again, but for now I'm moving my assets off exchanges for safe keeping.

[Anonymous No.55242656]

>>55241422
Oh no, you already know the truth about us

[Anonymous No.55243046]

>>55239632
looks like he now actually made it, cant wait for him ripping them from inside

[Anonymous No.55243276]

>>55237732
>Bitconnect

[Anonymous No.55243295]

>>55238315
You definitely have to be a coping nigger to be so sure there will be a lawsuit against AVAX and even more at the SEC level. Cope and seethe forever, faggot.

[Anonymous No.55244348]

>>55241422
Based anon

[Anonymous No.55244495]

>>55244348
We need to track down all the jeets and ban them forever once and for all

[Anonymous No.55244795]

>>55237671

NEVER Emin is an insider, if you know you know