{"id":1385,"date":"2024-09-02T09:06:13","date_gmt":"2024-09-02T05:36:13","guid":{"rendered":"https:\/\/liooza.ir\/mag\/?p=1385"},"modified":"2024-09-02T09:06:13","modified_gmt":"2024-09-02T05:36:13","slug":"%d8%af%d8%a7%d8%af%da%af%d8%a7%d9%87-%d9%81%d8%af%d8%b1%d8%a7%d9%84-%d8%a2%d9%85%d8%b1%db%8c%da%a9%d8%a7-%da%a9%d8%b1%d8%a7%da%a9%d9%86-%d8%a8%d8%a7%db%8c%d8%af-%d8%b8%d8%b1%d9%81-%db%b2%db%b0-%d8%b1","status":"publish","type":"post","link":"https:\/\/liooza.ir\/mag\/%d8%af%d8%a7%d8%af%da%af%d8%a7%d9%87-%d9%81%d8%af%d8%b1%d8%a7%d9%84-%d8%a2%d9%85%d8%b1%db%8c%da%a9%d8%a7-%da%a9%d8%b1%d8%a7%da%a9%d9%86-%d8%a8%d8%a7%db%8c%d8%af-%d8%b8%d8%b1%d9%81-%db%b2%db%b0-%d8%b1\/","title":{"rendered":"\u062f\u0627\u062f\u06af\u0627\u0647 \u0641\u062f\u0631\u0627\u0644 \u0622\u0645\u0631\u06cc\u06a9\u0627: \u06a9\u0631\u0627\u06a9\u0646 \u0628\u0627\u06cc\u062f \u0638\u0631\u0641 \u06f2\u06f0 \u0631\u0648\u0632 \u0628\u0647 \u0634\u06a9\u0627\u06cc\u062a SEC \u067e\u0627\u0633\u062e \u062f\u0647\u062f!"},"content":{"rendered":"\n<p class=\"intro\">\u0637\u0628\u0642 \u062d\u06a9\u0645 \u0642\u0627\u0636\u06cc \u0641\u062f\u0631\u0627\u0644 \u062f\u0631 \u0631\u0648\u0632 \u062c\u0645\u0639\u0647\u060c \u0635\u0631\u0627\u0641\u06cc \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u06a9\u0631\u0627\u06a9\u0646 kraken \u0628\u0627\u06cc\u062f \u0628\u0647 \u0634\u06a9\u0627\u06cc\u062a\u06cc \u06a9\u0647 \u0645\u0642\u0627\u0645\u0627\u062a \u0622\u0645\u0631\u06cc\u06a9\u0627\u06cc\u06cc \u0639\u0644\u06cc\u0647 \u0622\u0646 \u0645\u0637\u0631\u062d \u06a9\u0631\u062f\u0647\u200c\u0627\u0646\u062f\u060c \u067e\u0627\u0633\u062e \u062f\u0647\u062f.<\/p>\n\n\n\n<p>\u0637\u0628\u0642 \u062d\u06a9\u0645 \u0642\u0627\u0636\u06cc \u0641\u062f\u0631\u0627\u0644 \u062f\u0631 \u0631\u0648\u0632 \u062c\u0645\u0639\u0647\u060c \u0635\u0631\u0627\u0641\u06cc \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u06a9\u0631\u0627\u06a9\u0646 kraken \u0628\u0627\u06cc\u062f \u0628\u0647 \u0634\u06a9\u0627\u06cc\u062a\u06cc \u06a9\u0647 \u0645\u0642\u0627\u0645\u0627\u062a \u0622\u0645\u0631\u06cc\u06a9\u0627\u06cc\u06cc \u0639\u0644\u06cc\u0647 \u0622\u0646 \u0645\u0637\u0631\u062d \u06a9\u0631\u062f\u0647\u200c\u0627\u0646\u062f\u060c \u067e\u0627\u0633\u062e \u062f\u0647\u062f.<\/p>\n\n\n\n<p>\u0627\u06cc\u0646 \u0634\u06a9\u0627\u06cc\u062a \u06a9\u0647 \u062f\u0631 \u0646\u0648\u0627\u0645\u0628\u0631 \u06af\u0630\u0634\u062a\u0647 \u062f\u0631 \u062f\u0627\u062f\u06af\u0627\u0647 \u0646\u0627\u062d\u06cc\u0647\u200c\u0627\u06cc \u0627\u06cc\u0627\u0644\u0627\u062a \u0645\u062a\u062d\u062f\u0647 \u062f\u0631 \u0634\u0645\u0627\u0644 \u06a9\u0627\u0644\u06cc\u0641\u0631\u0646\u06cc\u0627 \u062b\u0628\u062a \u0634\u062f\u0647\u060c \u0645\u062f\u0639\u06cc \u0627\u0633\u062a \u06a9\u0647 \u0635\u0631\u0627\u0641\u06cc \u06a9\u0631\u0627\u06a9\u0646 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u06cc\u06a9 \u0635\u0631\u0627\u0641\u06cc \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u063a\u06cc\u0631\u0642\u0627\u0646\u0648\u0646\u06cc \u0641\u0639\u0627\u0644\u06cc\u062a \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a. \u0627\u06cc\u0646 \u062d\u06a9\u0645 \u0628\u0647 \u062a\u0644\u0627\u0634\u200c\u0647\u0627\u06cc \u0645\u06a9\u0631\u0631 \u06a9\u0631\u0627\u06a9\u0646 \u0628\u0631\u0627\u06cc \u0631\u062f \u0627\u06cc\u0646 \u0634\u06a9\u0627\u06cc\u062a \u067e\u0627\u06cc\u0627\u0646 \u0645\u06cc\u200c\u062f\u0647\u062f.<\/p>\n\n\n\n<p>\u0642\u0627\u0636\u06cc \u0641\u062f\u0631\u0627\u0644\u060c \u0648\u06cc\u0644\u06cc\u0627\u0645 \u0627\u0686. \u0627\u0648\u0631\u06cc\u06a9 (William H. Orrick)\u060c \u06af\u0641\u062a \u06a9\u0647 \u06a9\u0645\u06cc\u0633\u06cc\u0648\u0646 \u0628\u0648\u0631\u0633 \u0648 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 (SEC) \u0628\u0647 \u062f\u0631\u0633\u062a\u06cc \u0627\u062f\u0639\u0627 \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a \u06a9\u0647 \u0628\u0631\u062e\u06cc \u0627\u0632 \u062a\u0631\u0627\u06a9\u0646\u0634\u200c\u0647\u0627\u06cc \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0635\u0631\u0627\u0641\u06cc \u06a9\u0631\u0627\u06a9\u0646\u060c \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u0648 \u0628\u0647 \u0647\u0645\u0646\u06cc\u0646 \u062a\u0631\u062a\u06cc\u0628\u060c \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0645\u062d\u0633\u0648\u0628 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f \u0648 \u0628\u0627\u06cc\u062f \u062a\u062d\u062a \u0642\u0648\u0627\u0646\u06cc\u0646 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0642\u0631\u0627\u0631 \u06af\u06cc\u0631\u0646\u062f.<\/p>\n\n\n\n<p>\u062f\u0631 \u0627\u06cc\u0646 \u0634\u06a9\u0627\u06cc\u062a\u060c SEC \u06af\u0641\u062a\u0647 \u06a9\u0647 \u062a\u0648\u06a9\u0646\u200c\u0647\u0627\u06cc ADA\u060c ALGO\u060c ATOM\u060c FIL\u060c FLOW\u060c ICP\u060c MANA\u060c MATIC\u060c NEAR\u060c OMG \u0648&nbsp;SOL&nbsp;\u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0647\u0633\u062a\u0646\u062f. \u0628\u0646\u0627\u0628\u0631\u0627\u06cc\u0646\u060c \u062a\u0631\u0627\u06a9\u0646\u0634\u200c\u0647\u0627\u06cc\u06cc \u06a9\u0647 \u0634\u0627\u0645\u0644 \u0627\u06cc\u0646 \u062a\u0648\u06a9\u0646\u200c\u0647\u0627 \u0647\u0633\u062a\u0646\u062f\u060c \u062a\u062d\u062a \u0646\u0638\u0627\u0631\u062a SEC \u0642\u0631\u0627\u0631 \u0645\u06cc\u200c\u06af\u06cc\u0631\u0646\u062f.<\/p>\n\n\n\n<p>\u0628\u0627 \u0648\u062c\u0648\u062f \u0627\u06cc\u0646\u200c\u06a9\u0647 \u062d\u06a9\u0645 \u0635\u0627\u062f\u0631 \u0634\u062f\u0647 \u0627\u062c\u0627\u0632\u0647 \u0645\u06cc\u200c\u062f\u0647\u062f \u062a\u062d\u0642\u06cc\u0642\u0627\u062a \u062f\u0631 \u0627\u06cc\u0646 \u067e\u0631\u0648\u0646\u062f\u0647 \u0627\u062f\u0627\u0645\u0647 \u067e\u06cc\u062f\u0627 \u06a9\u0646\u062f\u060c \u0645\u0627\u0631\u06a9\u0648 \u0633\u0627\u0646\u062a\u0648\u0631\u06cc\u060c \u0631\u0626\u06cc\u0633 \u0628\u062e\u0634 \u062d\u0642\u0648\u0642\u06cc \u06a9\u0631\u0627\u06a9\u0646\u060c \u0627\u06cc\u0646 \u062d\u06a9\u0645 \u0631\u0627 \u06cc\u06a9 \u00ab\u067e\u06cc\u0631\u0648\u0632\u06cc \u0628\u0632\u0631\u06af \u0628\u0631\u0627\u06cc \u06a9\u0631\u0627\u06a9\u0646\u00bb \u062f\u0627\u0646\u0633\u062a.<\/p>\n\n\n\n<p>\u0627\u0648 \u0631\u0648\u0632 \u062c\u0645\u0639\u0647 \u062f\u0631 \u067e\u0633\u062a\u06cc \u062f\u0631 \u0634\u0628\u06a9\u0647 \u0627\u062c\u062a\u0645\u0627\u0639\u06cc X \u0646\u0648\u0634\u062a: \u00ab\u0628\u0647 \u0637\u0648\u0631 \u06a9\u0644\u06cc\u060c \u062f\u0627\u062f\u06af\u0627\u0647 \u062f\u0631 \u0645\u0648\u0631\u062f \u067e\u0631\u0648\u0646\u062f\u0647 \u06a9\u0631\u0627\u06a9\u0646 \u0645\u0634\u0627\u0628\u0647 \u067e\u0631\u0648\u0646\u062f\u0647 \u0631\u06cc\u067e\u0644 \u0639\u0645\u0644 \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a: \u062e\u0648\u062f \u062a\u0648\u06a9\u0646 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0646\u06cc\u0633\u062a\u060c \u0627\u0645\u0627 \u062a\u0648\u0627\u0641\u0642\u0627\u062a \u0648 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0645\u0631\u062a\u0628\u0637 \u0628\u0627 \u0622\u0646 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0646\u062f \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0645\u062d\u0633\u0648\u0628 \u0634\u0648\u0646\u062f.\u00bb<\/p>\n\n\n\n<p>\u0627\u06cc\u0646 \u062a\u062d\u0648\u0644 \u0627\u062e\u06cc\u0631 \u062f\u0631 \u067e\u0631\u0648\u0646\u062f\u0647 \u06a9\u0645\u06cc\u0633\u06cc\u0648\u0646 \u0628\u0648\u0631\u0633 \u0648 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0639\u0644\u06cc\u0647 \u06a9\u0631\u0627\u06a9\u0646 \u067e\u0633 \u0627\u0632 \u0686\u0646\u062f\u06cc\u0646 \u0645\u0627\u0647 \u0645\u0646\u0627\u0642\u0634\u0647 \u0628\u06cc\u0646 \u0645\u0642\u0627\u0645\u0627\u062a \u0641\u062f\u0631\u0627\u0644 \u0648 \u0635\u0631\u0627\u0641\u06cc \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0631\u062e \u062f\u0627\u062f\u0647 \u0627\u0633\u062a.<\/p>\n\n\n\n<p>\u06a9\u0631\u0627\u06a9\u0646 \u062a\u0644\u0627\u0634\u200c\u0647\u0627\u06cc \u0632\u06cc\u0627\u062f\u06cc \u06a9\u0631\u062f \u062a\u0627 \u062f\u0639\u0648\u06cc SEC \u0639\u0644\u06cc\u0647 \u062e\u0648\u062f \u0631\u0627 \u0631\u062f \u06a9\u0646\u062f. \u062f\u0631 \u0645\u0627\u0647 \u0641\u0648\u0631\u06cc\u0647\u060c \u0648\u06a9\u0644\u0627\u06cc \u0635\u0631\u0627\u0641\u06cc \u06a9\u0631\u0627\u06a9\u0646 \u0627\u062f\u0639\u0627 \u06a9\u0631\u062f\u0646\u062f \u06a9\u0647 SEC \u0646\u062a\u0648\u0627\u0646\u0633\u062a\u0647 \u0627\u0633\u062a \u062b\u0627\u0628\u062a \u06a9\u0646\u062f \u06a9\u0647 \u062a\u0631\u0627\u06a9\u0646\u0634\u200c\u0647\u0627\u06cc \u067e\u0644\u062a\u0641\u0631\u0645 \u06a9\u0631\u0627\u06a9\u0646 \u0645\u0637\u0627\u0628\u0642 \u0628\u0627 \u0622\u0632\u0645\u0648\u0646 \u0647\u0627\u0648\u06cc (Howey Test)\u060c \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u0634\u0646\u0627\u062e\u062a\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f \u06cc\u0627 \u062e\u06cc\u0631.<\/p>\n\n\n\n<p>\u0648\u06a9\u0644\u0627\u06cc \u06a9\u0631\u0627\u06a9\u0646 \u0647\u0645\u0686\u0646\u06cc\u0646 \u06af\u0641\u062a\u0646\u062f \u06a9\u0647&nbsp;SEC&nbsp;\u0646\u062a\u0648\u0627\u0646\u0633\u062a\u0647 \u0627\u0633\u062a \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c \u06af\u0630\u0627\u0631\u06cc \u062e\u0627\u0635\u06cc \u06a9\u0647 \u062f\u0631 \u06a9\u0631\u0627\u06a9\u0646 \u0645\u0639\u0627\u0645\u0644\u0647 \u06cc\u0627 \u062a\u0633\u0648\u06cc\u0647 \u0634\u062f\u0647\u200c\u0627\u0646\u062f \u0631\u0627 \u0634\u0646\u0627\u0633\u0627\u06cc\u06cc \u06a9\u0646\u062f.<\/p>\n\n\n\n<p>\u0628\u0631 \u0627\u0633\u0627\u0633 \u062d\u06a9\u0645 \u0635\u0627\u062f\u0631 \u0634\u062f\u0647\u060c \u06a9\u0631\u0627\u06a9\u0646 \u0628\u0627\u06cc\u062f \u0638\u0631\u0641 \u06f2\u06f0 \u0631\u0648\u0632 \u0628\u0647 \u0627\u06cc\u0646 \u0634\u06a9\u0627\u06cc\u062a \u067e\u0627\u0633\u062e \u062f\u0647\u062f.<\/p>\n\n\n\n<p>\u0645\u0646\u0628\u0639 \u062e\u0628\u0631:&nbsp;<a href=\"https:\/\/nipoto.com\/mag\" rel=\"noopener\">\u0627\u062e\u0628\u0627\u0631 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0646\u06cc\u067e\u0648\u062a\u0648<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0637\u0628\u0642 \u062d\u06a9\u0645 \u0642\u0627\u0636\u06cc \u0641\u062f\u0631\u0627\u0644 \u062f\u0631 \u0631\u0648\u0632 \u062c\u0645\u0639\u0647\u060c \u0635\u0631\u0627\u0641\u06cc \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u06a9\u0631\u0627\u06a9\u0646 kraken \u0628\u0627\u06cc\u062f \u0628\u0647 \u0634\u06a9\u0627\u06cc\u062a\u06cc \u06a9\u0647 \u0645\u0642\u0627\u0645\u0627\u062a \u0622\u0645\u0631\u06cc\u06a9\u0627\u06cc\u06cc \u0639\u0644\u06cc\u0647 \u0622\u0646 \u0645\u0637\u0631\u062d \u06a9\u0631\u062f\u0647\u200c\u0627\u0646\u062f\u060c \u067e\u0627\u0633\u062e \u062f\u0647\u062f. \u0637\u0628\u0642 \u062d\u06a9\u0645 \u0642\u0627\u0636\u06cc \u0641\u062f\u0631\u0627\u0644 \u062f\u0631 \u0631\u0648\u0632 \u062c\u0645\u0639\u0647\u060c \u0635\u0631\u0627\u0641\u06cc \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u06a9\u0631\u0627\u06a9\u0646<span class=\"post-readmore\"><a target=\"_blank\" class=\"post-readmore\" href=\"https:\/\/liooza.ir\/mag\/%d8%af%d8%a7%d8%af%da%af%d8%a7%d9%87-%d9%81%d8%af%d8%b1%d8%a7%d9%84-%d8%a2%d9%85%d8%b1%db%8c%da%a9%d8%a7-%da%a9%d8%b1%d8%a7%da%a9%d9%86-%d8%a8%d8%a7%db%8c%d8%af-%d8%b8%d8%b1%d9%81-%db%b2%db%b0-%d8%b1\/\"> \u0627\u062f\u0627\u0645\u0647 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