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> the definition of insider trading is kind of, “whatever the SEC enforces”

Insider trading is a crime. The SEC cannot bring criminal complaints. Every insider trader who has gone to jail was prosecuted by the DoJ.

Only talk about securities. It seems to me as if it would depend a lot on if the digital asset(s) in question count as securities or not.

Nope, insider trading is a type of fraud, they’ll be charged with wire fraud and the question on securities will never arise

The already have been as the DOJ press release states. Also the SEC is filing a civil case, as they do