SEC Believes Ethereum is Not a Security – Gensler at MIT in 2018

SEC Believes Ethereum is Not a Security – Gensler at MIT in 2018

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As a professor at MIT in 2018, Gary Gensler said that Ethereum is not a security as per SEC. 
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In another lecture, Gensler says around 3/4th of crypto assets are not securities. 
The recent enforcement actions by the United States Securities and Exchange Commission (SEC) apparently lashing out at the crypto industry, but the SEC chair Gary Gensler had different views in 2018. Recently a video resurfaced on Twitter, showing the top regulator lecturing at the Massachusetts Institute of Technology (MIT) on September 25, 2018. At the MIT lecture, then Professor Gensler said in the eyes of the SEC, Ethereum is not a Security. 

And another one… – The below clip is from a Fall 2018 Graduate MIT course called “Blockchain and Money”
Gary Gensler – the current President of the SEC, was the professor.
Once again, I will let the below video speak for itself.
Lecture 6: Smart Contracts and… pic.twitter.com/hsTvJ82XmM
— zk- (@ZK_shark) Apr

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