NY Appellate Court Rejects ‘Crypto as a Commodity’ Defense, Finds Trader an Unregistered Broker-Dealer
SEC Slaps Down Crypto-as-Commodity Dodge in Broker Fraud Case New York’s Appellate Division just crushed a crypto trader’s bid to escape fraud charges by claiming his digital asset deals were unregulated commodities, not securities. In Regal Commodities v. Tauber, the court ruled that Aaron Tauber’s sale of billions in crypto to investors—without licenses or disclosures—falls…
