Over the past four years, cryptocurrency holders in the United States have missed a potential income totaling $ 5 billion due to a ban on participating in Airdrops, the authors of the study conducted by the Dragonfly venture company.

Dragonfly analysts explained that the cause of losses was a occasion used by cryptocurrency projects to avoid violations of the requirements of American regulators. The restrictions are associated with legal uncertainty in the United States regarding whether tokens are considered in the Airdrods to be securities. Considering that in recent years, the US Securities and Exchange Commission (SEC) has strengthened forced measures against crypto companies, many projects did not allow Americans to distribute tokens.

“The strict position of the SEC, based on forced performance, forced crypto projects to prohibit users from the United States to participate in eirerds, depriving potential profit for billions of dollars. To prevent further economic losses, clear rules for regulating cryptocurrencies are needed, ”said Dragonfly legal adviser Jessica Furr.

Dragonfly experts calculated that only in 2024 these restrictions touched from 1.84 million to 5.2 million active crypto -investors from the United States. From 2020 to 2024, the authorities lost tax revenues in the amount of about $ 1.4 billion, while they could get them from two sources: income tax from Eirrodov tokens and corporate tax projects that could work in the United States, and not move abroad.

Dragonfly cited the Tether company that produces USDT stabilcoins as an example. In 2024, Tether announced $ 6.2 billion profit, and if it were not for its registration in offshore, the company would pay $ 1.3 billion to the US treasury, plus another $ 316 million in the form of states.

Earlier, Dragonfly general, Rob Heidik, doubted the potential of cryptocurrency projects based on artificial intelligence (AI). In his opinion, this market segment is the most dangerous for venture funds.