Yes it is, and I’m not trying to profit by illegally selling it to retail investors.
I’m not a lawyer, but it seems like a dangerous assumption that the SEC won’t care that you sold a million dollars’ worth of tokens that represent equity in your employer and were granted to you on that basis.
Selling tokens from employment is much more like selling a bunch of SUPREME merchandise you were granted at one price which retail will pay a premium for. Tokens just make that a practical thing to offer to employee given the high market liquidity, compared to consumer products. The technology allows for overlapping feature of equity securities, but they dont have to be implemented.
Sometimes the SEC sees overlapping securities laws involved, and then they do care, but its really just a problem for consumer protection agencies like the FTC, who doesn't care to regulate transactions. So securities purview is not inherent to the format of asset being exchanged, so there are some things to avoid and then you’re good to go.
Yes it is, and I’m not trying to profit by illegally selling it to retail investors.
I’m not a lawyer, but it seems like a dangerous assumption that the SEC won’t care that you sold a million dollars’ worth of tokens that represent equity in your employer and were granted to you on that basis.