jasperthefriendlyghost.eth

Smart Contract, Dumb Lawsuit: SEC vs. rETH

The SEC filings today, filled with factual errors and misleading statements, show concretely that the agency's incompetence is endangering investors. The most decentralized dApp on Ethereum is Rocket Pool - it has more home stakers than Solana, Gnosis, Polygon, Avax, everything but Ethereum itself. In a sea of charlatans, Rocket Pool has pioneered true decentralization. In this post, I will first explain why I believe $rETH is NOT a security by analyzing all of Howey, Reves, and the FIT2...