SEC Lists Nine Crypto Tokens as Securities Following Coinbase Insider Trading Charges
The assets were: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM. They were each mentioned in connection with alleged insider trading. "Our message with these charges is clear: fraud is fraud is fraud, whether it occurs on the blockchain or on Wall Street," wrote the SEC in its complaint. This is one of few examples from the SEC where it has named specific cryptocurrencies as securities; it has provided little clarity over the years.