Digital Chamber of Commerce Weighs In on Telegram Legal Battle With SEC
The Chamber of Digital Commerce filed a short memo in the Telegram vs SEC case, asking the court to assert that the digital asset should not be considered a security merely because it is based on the blockchain although the chamber does not have an opinion on whether the offer is the sale of Grams as a stock deal, The Chamber has an interest in ensuring that the legal framework applicable to the digital assets underlying the investment contract is clear and consistent.
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