At NYU Crypto Token Summit

Was great to hear from Fred Wilson and Emin Gun Sirer at the Crypto Token Summit held at NYU. Also interesting to hear various legal experts opine on the legal status of various tokenization schemes. I don’t care what they say, the SEC is going to eventually declare crypto tokens violate Howey test and are securities IMO – and that means that ICOs are verboten. I also wonder what is going to happen to all of those who have already issued an ICO. If any investor has ANY issue, that’s a lawsuit just waiting to happen.