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I confronted SEC Chair Gary Gensler with a deceptively simple question: Is a Yankee ticket a security?
Mr. Gensler claims that NFTs are securities. I see no legal difference between a Yankee ticket that offers access to a Yankee game and an NFT that offers access to an animated web series (as in the case of Stoner Cats). Mr. Gensler is misclassifying collectibles, art, and tickets as securities.
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