Investment Strategist Lyn Alden: $ETH Likely ‘A Security Based on the Howey Test’

On Saturday (April 1), highly respected equity research analyst and investment strategist Lyn Alden ignited a conversation on Twitter by suggesting that Ethereum ($ETH) is likely a security based on the Howey Test. Alden compared commodities and securities, emphasizing the differences in centralization and potential legal ramifications of such classifications.