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Filecoin's ICO seems to be one of the few exceptions to follow securities law. https://www.cryptocoinsnews.com/filecoin-ico-raises-record-250-million-from-accr
by sah2ed 9y ago
Filecoin's ICO seems to be one of the few exceptions to follow securities law.
https://www.cryptocoinsnews.com/filecoin-ico-raises-record-250-million-from-accredited-investors/ https://www.cryptocoinsnews.com/filecoin-ico-raises-record-2...
- Alex3917 9y ago> Filecoin's ICO seems to be one of the few exceptions to follow securities law. The SEC commissioner said that no ICO has registered as a security so far. Given that Filecoin was one of the only ICOs to openly advertise themselves as being a security, it seems like they could be in even more legal trouble than everyone else.
- tfha 9y agoThey filed a Reg D exemption, which is different from a registration, but allows you to legally offer securities if you comply with a narrow set of restrictions.