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Gabor Gurbacs questions the celebration around certain crypto assets being classified as non-securities. He contends that many of these assets are clearly securities, have been sold as such, and are structured primarily to enrich insiders.
Gurbacs emphasizes the need for better securities laws and more accessible markets, rather than exemptions that may favor a select few.
Gurbacs’s critique on regulatory inconsistencies resonates with broader concerns about liquidity and investor access, themes he has explored in the context of market disruptions such as when private credit funds halted redemptions in the $2 trillion market. As questions continue to mount around market fairness and structure, the intersection of securities law and asset tokenization remains a key area of focus.