Online rumors that "the US SEC says crypto mining equipment is a security" are misleading rumors
2024-09-26 01:50:25
On September 26th, in response to the foreign media's news that "the US SEC said that crypto mining equipment is a security", it was verified that the original source came from the article "Crypto Mining'Boxes' Are Securities, Court Says in SEC Case" published by "Bloomberg Legal News Website" about an hour ago.
The article actually describes a lawsuit between the US SEC and Green United LLC. The SEC originally intended that "Green Boxes (a type of computer hardware) combined with an escrow agreement constitute securities to operate Green Boxes." Instead of "The SEC claims that crypto mining equipment is a security" as reported by foreign media, which is a misleading rumor.