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I'm not sure I'm following. Is the illegal activity you're talking about related to the legality new crypto tokens in general or that bitcoin itself can/is used for illegal activity?

Secondarily, the article is only asking if strategies used by HF's could be applied to lower the risk profile of investments in Bitcoin. From the research he did, the answer looks like a theoretical yes.

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> or that bitcoin itself can/is used for illegal activity?

This part.

Like I said, I don't think there's anything wrong with the attempt, but if they want it to be a tradeable instrument, they'll need to expose themselves to the risk of the instrument they're aligned to. I can't see the SEC allowing that exposure.

Thanks for clarifying. Should be interesting to watch! (as this whole space is!)

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