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Past performance is no indicative.
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Past performance is no indicative.
All three elements must be met in order for a token or cryptocurrency to be a security, including i an investment of money, ii in a common enterprise, iii with an expectation of profits predominantly from the efforts of others. This does not provide the sort of comfort that a business investing millions of dollars into technology wants to rely upon. This, in and of itself, is not a fatal fact. This framework applies to a pooled investment vehicle, and its service providers, even when the securities in which it invests are digital asset securities. Tweets by Miami Crypto Exchange.