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Deaton Says the SEC Could Easily Turn on Bitcoin (BTC)

Deaton’s remarks come after a former SEC employee suggested that BTC could be an unregistered security.

Attorney John Deaton has warned that the U.S. SEC could quickly turn on Bitcoin (BTC) and label the asset as security. Deaton’s comments come after a former SEC enforcement officer recently suggested that BTC is a security that requires SEC registration.

(By Ammara)

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