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> 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. Giv
by 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.