Mark Cuban @mcuban

The process to register can take a securities lawyers hundreds or more hours to be completed for a simple token release. This is because of all the give and take required with the SEC.

And even then there is a strong likelihood that they won’t give approval.

They have had enough experience, they could modify the application process so that any entrepreneur could easily complete the registration process.

But they won’t. They know it’s nearly impossible for the process to work as is. Which is why so few token releases are even attempted in the USA
To the SEC, that’s a feature. Not a bug.

May 11, 2024 View on X →

https://x.com/mcuban/status/1789289322723598768