Among other things, these include (1) public statements about the potential for crypto asset purchasers to realize profits; (2) involvement of management teams in the ongoing success of the crypto asset and related network; and (3) efforts to facilitate and promote listing of crypto assets on secondary market trading platforms. The SEC's allegations that nine tokens are securities means that the SEC may next bring enforcement actions against the companies and individuals behind those nine tokens, as well as possibly make it easier for class actions also alleging that the tokens are securities. The SEC previously brought an enforcement action against Ripple, alleging that the XRP token, which was listed on Coinbase, is a security.