“As used in this complaint, ‘crypto asset security’ refers to an asset that is issued and/or transferred using distributed ledger or blockchain technology – including, but not limited to, so-called ‘digital assets,’ ‘virtual currencies,’ ‘coins,’ and ‘tokens’ – and that meets the definition of ‘security’ under the federal securities laws,” the SEC complaint said.
Source: https://www.coindesk.com/policy/2022/07/21/us-authorities-arrest-3-including-former-coinbase-manager-on-insider-trading-charges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines