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19 Feb 2023, 5:21 pm
The United States Court of Appeals for the Ninth Circuit recently issued an opinion in Pino v Cardone Capital, LLC that followed the Eleventh Circuit ruling in Wildes v BitConnect, finding that if a person promotes the sale of a security on social media, that person may qualify as a “seller” under Section 12 of the Security Act of 1933. [read post]