To make a point clear and to make sure once again that MNX does not contradict the rules of the SEC we decided to get a Legal opinion, in which professional lawyers used the Howey test to verify Minexcoin. The good news is that we didn’t pass the test, which means that Minexcoin doesn’t fall under the definition of “Security”. Accordingly, the MNX does not contradict the requirement of the SEC and can openly trade, both in the US territory and by USA residents in other countries.
its not a security. thats clear.
its a ponzi, pyramide scheme and that is very much illegal my friend and its destroying the coin community. there are better ways to make profit.
i prefer minexcoin over token shits.