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XTZ · 1d

What happens if Tezos is deemed a security by the courts?

What happens if Tezos loses the lawsuit? The USD value of the tozens is still 3x greater than the contributed value so I'm not sure what the punitive damages would be. More importantly, what happens if Tezos is made the poster child of tokens are securities? My understanding is that credible exchanges aren't going to list tokens that may be a security, and certainly not Tezos if the court rules it is a security. Would that be the end of Tezos? Curious to get the communities predictions.
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