According to BlockBeats, on September 26, in response to foreign media reports that “the US SEC said that crypto mining equipment is a security”, BlockBeats actually verified that the original source came from the article “Bloomberg Legal News Website” published about an hour ago.Crypto Mining ‘Boxes’ Are Securities, Court Says in SEC Case》。

The article actually tells the story of a lawsuit between the US SEC and Green United LLC. The original intention of the US SEC was that “Green Boxes (a type of computer hardware) combined with a custody agreement constitute securities to operate Green Boxes.” It was not the “US SEC said that crypto mining equipment is a security” reported by foreign media, which is a misleading rumor.

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