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The updated filing says additional investors came forward after the initial lawsuit, with the estimated.

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In the United States in July , courts ruled that cryptocurrencies are considered securities when purchased by institutional buyers but not by retail investors purchased on exchanges. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Disadvantages Transactions are pseudonymous Pseudonymity allows for criminal uses Have become highly centralized Expensive to participate in a network and earn Off-chain security issues Prices are very volatile. Santiago�Getty Images.