KROM

jackwhole

KROM

Titanium_Eye

The nine tokens they are talking about are: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX and KROM. Had to dig through the lawyers arguments to find this.

jackwhole

Gasless swaps on KROM

Dick-Laurent-Is-Dead

It’s a good time for small MC (more risky) projects, some had nice pumps. KROM, TYRANT, POWER (from Kingmaker) or BONE

Danabrent

There are a good number of them but I think I’ll go with Kromatica. A unique dex that’s powered by uniswap and chainlink, it utilizes smart contracts to tackle issues encountered daily by blockchain users. The utility token KROM is listed on MEXC and the price is going really upward.

Direct_Ad_9459

Do check out #Kromatika ($KROM). It's a decentralized exchange (DEX) powered by Uniswap and Chainlink offering its users an innovative, more user-friendly trading experience. They utilizes smart contracts to tackle issues encountered daily by blockchain users and aim to contribute to the core blockchain values of trust, decentralization and innovation while reducing costs to users while doing so. Check out their whitepaper for more info.

coinfeeds-bot

tldr; The Securities and Exchange Commission has listed nine crypto tokens as unregistered securities. The tokens are AMP, Rally, Rally (RLY), DerivaDEX (DDX), XYO, Rari Governance Token (RGT), LCX, Powerledger (POWR), DFX, and Kromatika (KROM). The first seven are listed on Coinbase for trading. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The Securities and Exchange Commission has listed nine crypto tokens as unregistered securities. The tokens are AMP, Rally, Rally (RLY), DerivaDEX (DDX), XYO, Rari Governance Token (RGT), LCX, Powerledger (POWR), DFX, and Kromatika (KROM). The first seven are listed on Coinbase for trading. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

warthog-love

AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX and KROM). Not sure if thats what you mean but i read your statement as the reverse

jakekick1999

Here are the 9 tokens which the article fails to mention: * AMP * RLY * DDX * XYO * RGT * LCX * POWR * DFX * KROM

R4ID

>But explain to me how a XRP co-founder cashing out over 3 billion someone selling an asset is not a part of the howey test nor is it relevant. >and people buying expecting the price to increase isn't a security? There is no investment contract because there is no common enterprise. "In order to satisfy the “common enterprise” aspect of the Howey test, federal courts require that there be either “horizontal commonality” or “vertical commonality.” See Revak v. SEC Realty Corp" and ""(discussing horizontal commonality as “the tying of each individual investor’s fortunes to the fortunes of the other investors by the pooling of assets, usually combined with the pro-rata distribution of profits” and two variants of vertical commonality, which focus “on the relationship between the promoter and the body of investors”)" The problem in these cases the SEC is trying to stretch the definition in every way possible hoping something eventually sticks. "The Commission, on the other hand, does not require vertical or horizontal commonality per se, nor does it view a “common enterprise” as a distinct element of the term “investment contract.” -Source https://www.sec.gov/files/dlt-framework.pdf The SEC is choosing to ignore the supreme court because it cant give a detailed explanation nor can they connect what does or doesnt constitute the common enterprise which is required for there to be an investment contract. In the LBRY case they are trying to claim https://pbs.twimg.com/media/FUlgX1rVUAAtow8?format=jpg&name=900x900 Which basically saying, anything that could possibly appreciate and be traded in a secondary market becomes an investment contract. which is insane. In the Ripple case they are arguing that they dont need vertical or horizontal commonality to have an investment contract. Which is also insane and now this recent Wire fraud / Insider trading scandal with (AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM). . They are now stating these are securities A: they dont have the power to do B: In some of the cases they dont have the jurisdiction to take them to court to even determine their status (LCX is based in Lichtenstein not USA) C: They havnt named any of those founders nor companies as defendants, so they cant defend themselves over their status. D: They will use this as grounds and precedent to go after any exchange that listed these tokens in the USA. The SEC is trying Any and every possible way to try and gain power over the Crypto space. and so far thanks to Ripple in part as well as hopefully LBRY, they wont get it. next up to defend the entire space tho is a guy who committed wire fraud and insider trading. He doesnt have the capital to have 9 mini trials to determine the status of each of these assets, nor to defend coinbase (who wont get to defend themselves) He'll most likely take a plea deal with includes him having to admit they are securities and he knew they always have been / were.

R4ID

With only a quick look and basic understanding this appears to be a good thing for the space as a whole, and in some ways it is. Once you dig deeper tough, the problem is that there are multiple horrible legal precedents that the SEC is trying to sneak into this case which is supposed to only be about the issue of insider trading/wire fraud **Issue #1** The first is that the SEC is stating that 9 Assets are unregistered securities in this case (AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM). The SEC is not just accusing the defendants of breaking the law. The SEC is accusing 10 unrelated, uncharged companies of breaking the law (9 assets and 1 exchange) Not only does the SEC not have the power to this, they dont give detailed legal analysis as to how they came to this conclusion. I posted this yesterday but the SEC is using the same shady tactics it is using in the LBRY and Ripple case in an attempt to regulate by enforcement and expand its power. In order for something to be a security one of the 4 prongs of the howey test is that there is an Investment contract. The supreme court has ruled that there must be a Common Enterprise in order for there to be an investment contract. >"In order to satisfy the “common enterprise” aspect of the Howey test, federal courts require that there be either “horizontal commonality” or “vertical commonality.” See Revak v. SEC Realty Corp" to explain further >"(discussing horizontal commonality as “the tying of each individual investor’s fortunes to the fortunes of the other investors by the pooling of assets, usually combined with the pro-rata distribution of profits” and two variants of vertical commonality, which focus “on the relationship between the promoter and the body of investors”)" and what does the SEC's do with this information? Well in their own words though they have stated that it doesnt matter and are ignoring this requirement. >"The Commission, on the other hand, does not require vertical or horizontal commonality per se, nor does it view a “common enterprise” as a distinct element of the term “investment contract.” -Source https://www.sec.gov/files/dlt-framework.pdf The SEC is choosing to ignore the supreme court because it cant give a detailed explanation nor can they connect what does or doesnt constitute the common enterprise which is required for there to be an investment contract. In fact, One of the assets they listed as a security (LCX) Isnt even founded in the USA, Its from Liechtenstein. This means the SEC has no grounds nor jurisdiction to take LCX to court (which would be required to make it a security) This case is going to end up needing 9 mini trials to determine the status of each of these assets and the defendants/issuers will not get to have their day in court to defend their status because they aren't named defendants by the SEC. **Issue #2** They arent going after the issuers, nor the exchange which apparently traded these "illegal securities offerings" Instead they go after a single person and his family for multiple reasons. 1. The guy is not going to have the capital to fight this because he will have to argue how and why all 9 of these assets failed to register as digital asset security's and how one exchange was operating and unregistered national securities exchange. (not gonna happen) 2. Hes going to therefore have to accept a plea deal and admit to whatever they want (including that these assets are securities and he knew they were the whole time) 3. This case will be used as the legal precedent to start going after exchanges (many of these assets are listed on other exchanges in the US) now exchanges have to either Delist the assets or face possible SEC action against them (we saw what happened when all the US exchanges de-risked by delisting XRP), it is going to cause turmoil, big fucking dips and could prolong a bear market maybe even indefinitely. Since the SEC didnt name any of the exchanges nor issuers of tokens as defendants, they wont be allowed to defend themselves in court. This is regulation by enforcement via a shady backdoor. a Commissioner of the CFTC came out yesterday and released a statement clashing with the SEC and their regulation by enforcement tactics https://www.cftc.gov/PressRoom/SpeechesTestimony/phamstatement072122 to clarify, I'm not trying to pass over/ignore the insider trading or fraud allegations in any way. If the allegations are true, the defendants should be held accountable for their actions/decisions. But we need to & should condemn both the defendants' alleged conduct & the SEC's unjust tactics as well.

uthillygooth

KROM is a swap aggregator. Lmao…

SirEffKay

TLDR: Coinbase has listed Te Flexa Network’s AMP, Rally Network (RLY), DerivaDEX (DDX), XYO, Rari Governance Token (RGT), and Lichenstein Cryptoasset Exchange (LCX). Others are Power Ledger (POWR), DFX Finance (DFX), and Kromatilka (KROM). SEC believes these to be securities and therefore CB “100% disagrees with the SEC’s decision to file these securities fraud charges".

scrl_cs

I agree with that. But why label a coin as security if they have nothing related with the insider who just had bought a bag of that coin. In case of KROM it's a shame (or not), probably the most underrated coin out there and they are beeing related to this insiders.

set-271

KROM laughs at dah Four Winds (Gensler, Powell, Yellen, Biden)!!!

ReedoIncognito

Not KROM! Conan will be having words with Gensler

gamefreak_215

“The assets were: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM. They were each mentioned in connection with alleged insider trading.”

R4ID

>Yes they do? They explain it for all of them. Look at sections 103-111 for example. Again, No no they arent giving a detailed analysis. in this complaint the SEC is essentially claiming the same nonsense they have tried to use in the LBRY case and the Ripple case. The supreme court in the howey test said in "In order to satisfy the “common enterprise” aspect of the Howey test, federal courts require that there be either “horizontal commonality” or “vertical commonality.” See Revak v. SEC Realty Corp" to give a rough explanation of the two "(discussing horizontal commonality as “the tying of each individual investor’s fortunes to the fortunes of the other investors by the pooling of assets, usually combined with the pro-rata distribution of profits” and two variants of vertical commonality, which focus “on the relationship between the promoter and the body of investors”)" The SEC then goes on to say "The Commission, on the other hand, does not require vertical or horizontal commonality per se, nor does it view a “common enterprise” as a distinct element of the term “investment contract.” -Source https://www.sec.gov/files/dlt-framework.pdf AKA the SEC is once again choosing to ignore the supreme court because it cant define nor connect What is constitute the common enterprise which is required for there to be an investment contract. I know literally Zero things about KROM I dont know their team, protocol, consensus method. nothing, diddly squat. Can you help me figure out how I have entered into an investment contract with them, their company/team if I buy KROM on a 3rd party exchange like Binance? I get no shareholder rights, no dividends, no votes or power within the company nor the network itself, yet somehow the company is beholden to me and my wishes? Can you name another security which does that?

newbonsite

There actually alleging 9 other crypto as securities those of which are : AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM.

AlyoshaV

https://www.sec.gov/litigation/complaints/2022/comp-pr2022-127.pdf >24\. A digital token or crypto asset is a crypto asset security if it meets the definition of a security, which the Securities Act defines to include “investment contract,” i.e., if it constitutes an investment of money, in a common enterprise, with a reasonable expectation of profit derived from the efforts of others. As described in greater detail below, during the relevant period, Ishan provided material, nonpublic information about, and Nikhil and Ramani traded in, **at least nine crypto asset securities that meet this definition**. The SEC says AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, and KROM are all securities.

R4ID

the SEC is alleging that there were 9 digital assets that are securities, but they dont explain their analysis for even one. They also dont sue/go after the exchange where it was traded or the issuers of the tokens AKA The people with the resources to fight back, they simply went after a guy and his family. This is quite interesting since the 9 assets in question (AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM.) would each require their own smaller trial in order to be considered a security. I find it hilarious that are now focusing on insider trading instead of the exchanges/founding company/teams. this guy is the low hanging fruit.

ReMultiversed

The SEC has just identified all of these as securities: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM. Not sure why they aren’t dumping hard but you might want to look into it if you on a large amount of any of them.

ApplicationAny1434

$KROM You can do limit orders on ETH L1. Just use the DEX for realy low buy orders "buy ETH at $500" like that

ApplicationAny1434

$KROM

ApplicationAny1434

Dont worry. I lost 2017 in the best bullenmarket 1.0 BTC. I started 2018 with 0. Invested every moth, sold 2021. You need to have a plan, when take profits, when get out of the trade. Dont listen to anyone to hodl. Do your thing. Stop listining to youtubers, learn to trade The safest trade I do right now is KROM. 4m cap coin, 1.3m TVL locked on Uniswap. .

ApplicationAny1434

$KROM <10m cap, CertiK audit, you can place limit orders on UNISWAP on ETH Layer 1 and other Layer 2 chains possible Coinbase listing in Q2, put few bucks if it go 100x it will be 90% if your portfolio

ApplicationAny1434

$KROM below 10m cap, Certik audit, let you do limit orders on Uniswap, [possible listing on Coinbase](https://blog.coinbase.com/increasing-transparency-for-new-asset-listings-on-coinbase-e06f2edb095e)

coinfeeds-bot

tldr; Coinbase’s list of new tokens being considered for listing on its exchange went live on Monday night. A user who controls an ETH wallet bought six of the tokens mentioned in the list right before it went public. The wallet spent $88,942.48 buying KROM, $80,023.48 on DFX, $72,299.45 on RADAR, $70,635.74 on RAC, and $27,309.96 on PAPER. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

1078Garage

"Over 11 hours, the wallet spent $88,942.48 buying KROM, $80,023.48 on DFX, $72,299.45 on RADAR, $70,635.74 on RAC, $64,864.59 on NDX, and $27,309.96 on PAPER ... On Tuesday afternoon, Kromatika was up 40%, DFX up 42%, DappRadar up 53%, RAC was up 22%, Index up 43%, and Paper up 63%." Yep, dodgy AF.

N8rPot8r

You can't buy KROM on coinbase, soooooo, what's the point here?

DuplicateDestroyer

**Your submission has been removed because 1 submission with a similar title has been posted on the subreddit in the past.** **OP:** /u/NannieAguero **Date:** 2022-02-13 03:44:33 **Duplicates:** N | User | Date | Posted... | Similarity | Title :-:|:-:|:-:|:-:|:-:|:-:|:-: 1| [/u/NannieAguero](https://www.reddit.com/user/NannieAguero) | 2022-02-12 01:07:47 | 1 day 2 hours 36 minutes before | [100%](https://www.reddit.com/r/CryptoMoonShots/comments/sqext8/kromatika_krom_next_generation_dex_cryptotrading/) | [Kromatika ($KROM) - Next Generation DEX CryptoTrading on Optimism and Polyg...](https://redd.it/sqext8) I am a bot. If you believe this was sent in error, reply to this comment and a moderator will review your post. **Do not delete your post or moderators won't be able to review it.**