Regal Commodities v. Tauber: NY Court Rejects Crypto’s Commodity Shield Under Howey
SEC Crushed: Crypto Can’t Hide Behind Commodities Mask New York state’s Appellate Division just gutted a crypto trader’s bid to dodge securities fraud charges by claiming his digital assets were mere commodities. In Regal Commodities v. Tauber, the court ruled 4-1 that Tauber’s scheme to peddle unregistered tokens as “commodities” failed spectacularly, handing regulators a…
