Are Uni Tokens Subject To Securities Enforcement Action By The SEC?
Several ICO Enforcement Actions Occurred In Parallel With The SEC Guidance Cited Above. Most Of These Were Obvious Securities Offerings Due To The Amount Of Control Exerted By The Sponsors Both Before And After The Related Token Offerings, Or The Fact That The Networks Supposedly Supporting The Tokens Were Non-Functioning Or Required Essential Managerial And Entrepreneurial Effort By The Sponsor