[ad_1] <br><img src="https://www.coindesk.com/resizer/GuJaZwHmRHRYULHNrnpihkZcflA=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/36VE2YYH4ZHF7C4JOMMWCFTEXY.jpg" /><br>"Under no circumstances is the ADA a security under the US securities laws," the IOG said.