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It's also offshore b/c non-US ICO's don't want exposure to "SEC risk" due to taking money from US investors. The fund will lose potential deal flow if it's US-
by SkyMarshal 9y ago
It's also offshore b/c non-US ICO's don't want exposure to "SEC risk" due to taking money from US investors. The fund will lose potential deal flow if it's US-based. This is a concern in the industry right now.
- branchless 9y agoIt's not in the USA because of that. But it's in the UK because they don't prosecute any financial crimes.
- aphextron 9y ago>It's also offshore b/c non-US ICO's don't want exposure to "SEC risk" Can't be dealing with all those pesky "laws"!
- mhluongo 9y agoThe rest of the world has laws too. International banks and other players in finance also struggle with the regulatory burden that comes with accepting US customers.