Here is a good, simple readhttps://www.bna.com/ico-participant-liability-n73014473267/ …
ah, well. i guess it’s best to leave it to lawyers and accountants and avoid ICOs altogether until there’s clear regulatory framework 


-
-
Crowd funding laws - raise under 1 million a year and use a registered broker. ICOs should be avoided. They are a train wreck. A digital IPO - that has value
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
There IS a clear framework - it is the Jumpstart Our Business Startups Act, or JOBS Act (2012). https://www.sec.gov/spotlight/jobs-act.shtml … Been there way before ETH and ICOs Updated details - https://www.sec.gov/info/smallbus/secg/rccomplianceguide-051316.htm …
-
but the SEC/govt can’t chase after all the ICOs. it understands that it has to make leeway else all blockchain development will move somewhere else. maybe that’s why SEC hasn’t touched popular ICOs and only went after the small fishes.
-
There are 50 State departments. And civil litigation. This is a multi billion USD legal fest waiting to start.
-
good luck catching big fishes who can pay them off and those global ICOs outside of their jurisdictions
pic.twitter.com/O0usrPGmFy -
Oh... you think this is difficult... hahahaha
-
i’ll believe it when a big fish is caught. but i’m quite sure Ethereum will be fine. go figure.
-
Oh... I would not be so certain. ALL ETH has is ERC 20 and associated shitcoin ICOs. You shall see this start to dry up and be targeted. Then, as this occurs, ETH dries up. Oh, the idea of a regulated security... IP.
-
if SEC/govt wants to disrupt blockchain/crypto it will make a high level example to scare all the big players. i guess they will start with
#Ripple before they even dare touch Ethereum, IMHO
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.