The SEC has identified several tokens listed on Coinbase and Binance, including DASH, as "security." The DASH community disputes this classification, arguing that its decentralized technology as a payments system does not warrant it. The SEC accuses DASH of being an unregistered security due to the existence of a centralized "core group" dedicated to its development, but the DASH community claims that this group has not existed since 2017 and they have no expectation of profit. The crypto rating council has given DASH a score of 1.0 in its evaluation of the security concept, which is the same score as Bitcoin.
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SEC Lawsuit Against Coinbase Over DASH's "Security" Classification Sparks Debate in Crypto Community
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