EOS and Block.one’s settlement with the SEC

I think a lot of people are getting the wrong picture with Block.one and the SEC settling of the EOS ICO from 2 years ago, especially in regards to the CRC ratings matter giving a 3.75 to EOS. They think that a higher score means better, but it is the opposite. The score of one to five indicates how likely it is to be a security with one being the “least likely” and 5 being the “most likely”. EOS was rating a 3.75 meaning it was “more likely to be a security than not” and the SEC did fine Block.one for selling unregistered securities.

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