I completely understand your concerns about the SEC, but you have to remember that their primary role is to protect investors and ensure that markets operate transparently. The crypto space is evolving so quickly that it's natural for regulators to adjust their approach. It's not about the SEC flip-flopping; it's about staying adaptable to technological changes. Also, the classification of tokens as securities isn't black and white - it depends on legal standards like the Howey test. A more detailed legal analysis would add weight to the argument.
RE: SEC Quietly Admits Tokens ARE NOT Securities