But they have, repeatedly, haven't they? Crypto coins except for Bitcoin are securities, and must be treated as such. Any business allowing for their trade must behave like any other securities trade business.
They haven't said that all coins other than Bitcoin are securities. They've said that most coins are securities, and former SEC members have said that Eth isn't a security, but the current SEC isn't commenting on Eth at all.
They have muddied the waters with their public comments.
Hopefully these lawsuits will provide better clarity or we'll have to wait on pending legislation to provide clarity on how the US views decentralized asset classification.
