{
  "txid": "8a156f06dd12eb474b4c1ceaba0445856cbcc200fe9e62f61a3e4ba11750d5fa",
  "block_height": 953174,
  "time": null,
  "app": "treechat",
  "type": "post",
  "map_content": "\ud83d\udcc4 \ub2e4\uc2dc\ubcf4\ub294 \uac8c\ub9ac \uac90\uc2ac\ub7ec \uc758\uc7a5 \ubc1c\uc5b8 \uc694\uc57d (2022\ub144 9\uc6d4 \ubcf4\ub3c4 \uae30\uc900)\r\n1. \ubcf4\ub3c4 \uc2dc\uc810 \ubc0f \ubc30\uacbd\r\n * \ub0a0\uc9dc: 2022\ub144 9\uc6d4 14\uc77c\r\n * \ub9e5\ub77d: SEC\uac00 '\uc554\ud638\ud654 \uc790\uc0b0 \ubc0f \uc0ac\uc774\ubc84 \ubd80\uc11c' \uc778\ub825\uc744 \ucda9\uc6d0\ud558\uace0, \uae30\uc5c5\uae08\uc735\ubd80 \ub0b4\uc5d0 '\uc554\ud638\ud654\ud3d0 \uc790\uc0b0 \ub2f4\ub2f9 \ubd80\uc11c(Office of Crypto Assets)'\ub97c \uc2e0\uc124\ud558\uba70 \uaddc\uc81c\ub97c \ubcf8\uaca9\ud654\ud558\ub358 \uc2dc\uc810\uc785\ub2c8\ub2e4.\r\n2. \uac8c\ub9ac \uac90\uc2ac\ub7ec\uc758 \uc9c1\uc811 \uc778\uc6a9 (Direct Quotes)\r\n\uac90\uc2ac\ub7ec \uc758\uc7a5\uc740 \uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5\uc774 \uae30\uc874 \uc99d\uad8c\ubc95\uc758 \ud14c\ub450\ub9ac \uc548\uc5d0 \uc788\uc74c\uc744 \uba85\ud655\ud788 \ud558\uba70 \ub2e4\uc74c\uacfc \uac19\uc774 \uc5b8\uae09\ud588\uc2b5\ub2c8\ub2e4.\r\n * \ubc95 \uc801\uc6a9\uc758 \uc6d0\uce59\uc5d0 \ub300\ud558\uc5ec:\r\n \u201c\uc774 \ubc95\uaddc\uc758 \ud575\uc2ec \uc6d0\uce59\uc740 \uc99d\uad8c \uc2dc\uc7a5\uc758 \ubaa8\ub4e0 \uc601\uc5ed\uc5d0 \uc801\uc6a9\ub429\ub2c8\ub2e4. \uc5ec\uae30\uc5d0\ub294 \uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5\uc758 \uc99d\uad8c\uacfc \uc911\uac1c\uc5c5\uc790\ub3c4 \ud3ec\ud568\ub429\ub2c8\ub2e4. \uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5\uc758 \uc5b4\ub5a4 \ubd80\ubd84\ub3c4 \uc99d\uad8c\ubc95\uacfc \uc0c1\ucda9\ub418\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4.\u201d\r\n * \ud1a0\ud070\uc758 \uc99d\uad8c \ubd84\ub958\uc5d0 \ub300\ud558\uc5ec:\r\n\"\uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5\uc5d0 \uc874\uc7ac\ud558\ub294 \uac70\uc758 1\ub9cc \uac1c\uc758 \ud1a0\ud070 \uc911 \ub300\ub2e4\uc218\ub294 \uc99d\uad8c\uc774\ub77c\uace0 \uc0dd\uac01\ud569\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uc218\ucc9c \uac1c\uc758 \uc554\ud638\ud654\ud3d0 \uc99d\uad8c \ud1a0\ud070\uc758 \ubc1c\ud589\uacfc \ud310\ub9e4\ub294 \uc99d\uad8c\ubc95\uc758 \uc801\uc6a9\uc744 \ubc1b\uc2b5\ub2c8\ub2e4.\"\r\n * \ube44\uc99d\uad8c \ud1a0\ud070(\ube44\ud2b8\ucf54\uc778 \ub4f1)\uc5d0 \ub300\ud558\uc5ec: \"\uc77c\ubd80 \ud1a0\ud070\uc740 \uc99d\uad8c\uc758 \uc815\uc758\ub97c \ucda9\uc871\ud558\uc9c0 \ubabb\ud560 \uc218\ub3c4 \uc788\ub294\ub370, \uc774\ub97c \uc800\ub294 '\uc554\ud638\ud654\ud3d0 \ube44\uc99d\uad8c \ud1a0\ud070'\uc774\ub77c\uace0 \ubd80\ub985\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ud1a0\ud070\uc740 \uc804\uccb4 \ud1a0\ud070 \uc911 \uc18c\uc218\uc5d0 \ubd88\uacfc\ud558\uc9c0\ub9cc, \uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5 \uc804\uccb4 \uac00\uce58\uc758 \uc0c1\ub2f9 \ubd80\ubd84\uc744 \ucc28\uc9c0\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\"\r\n\r\n3. \uc815\ub9ac\r\n * \ud558\uc704 \ud14c\uc2a4\ud2b8(Howey Test)\ub97c \uc801\uc6a9\ud560 \uacbd\uc6b0, \uc774\ub354\ub9ac\uc6c0\uc744 \ud3ec\ud568\ud55c \ub300\ubd80\ubd84\uc758 \uc54c\ud2b8\ucf54\uc778\uc740 '\ud0c0\uc778\uc758 \ub178\ub825\uc5d0 \uc758\ud55c \uc218\uc775 \uae30\ub300'\ub77c\ub294 \uc694\uac74\uc744 \ucda9\uc871\ud558\uc5ec \uc99d\uad8c\uc73c\ub85c \ubd84\ub958\ub420 \uac00\ub2a5\uc131\uc774 \ub192\uc2b5\ub2c8\ub2e4.\r\n * \ubc18\uba74, \ube44\ud2b8\ucf54\uc778\uc740 \uc774\ub7ec\ud55c \uc99d\uad8c\uc758 \uc815\uc758\uc5d0\uc11c \ubc97\uc5b4\ub09c \uc608\uc678\uc801\uc778 \uc0ac\ub840(\uc0c1\ud488)\ub85c \uac04\uc8fc\ub429\ub2c8\ub2e4[fin]\r\n\r\n\u25a0 \ube44\ud2b8\ucf54\uc778 \uc9c4\uc704\ud3c9\uac00\r\n\ud504\ub85c\ud1a0\ucf5c\uc774 \uace0\uc815\ub41c BSV\uc57c\ub9d0\ub85c \uac90\uc2ac\ub7ec\uac00 \ub9d0\ud558\ub294 \uc99d\uad8c\uc774 \uc544\ub2cc \uc9c4\uc9dc \uc0c1\ud488\uc758 \uc815\uc758\uc5d0 \ubd80\ud569\ud55c\ub2e4",
  "media_type": "text/markdown",
  "filename": "|",
  "author": "14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGK",
  "display_name": "772da",
  "channel": null,
  "parent_txid": null,
  "ref_txid": null,
  "tags": null,
  "reply_count": 0,
  "like_count": 0,
  "timestamp": "2026-06-12T04:58:01.000Z",
  "media_url": null,
  "aip_verified": false,
  "thread_root_tx": null,
  "engagement_score": 0,
  "token_ref": null,
  "token_type": null,
  "kind": null,
  "lat": null,
  "lng": null,
  "category": null,
  "has_access": true,
  "attachments": [],
  "ui_name": "772da",
  "ui_display_name": "772da",
  "ui_handle": "772da",
  "ui_display_raw": "772da",
  "ui_signer": "14aqJ2\u2026oWGK",
  "ref_ui_name": "unknown",
  "ref_ui_signer": "unknown"
}