Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely soft

[Dato]

Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely soft



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvNGU0MmQ3OTMtMDMzOS00MjA4LWJkODUtMzMyNzI0ZDM3OGYwLmpwZw==.jpg"></p><p>According to CLO Daniel Schoenberger, the team developed a “workable theory of how token morphing may be achieved” for DOT based on the SEC’s concerns and federal securities laws.</p>



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