The SEC's complaint against Caroline Ellison and Gary Wang says FTX's FTT token is a security as it was sold as an investment contract (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk:
The SEC's complaint against Caroline Ellison and Gary Wang says FTX's FTT token is a security as it was sold as an investment contract  —  Complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.



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