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>The initial coin offering...is open to accredited investors Is this fairly common now? Most of the ICOs I've read about before were basically open to everyone
by SippinLean 9y ago
>The initial coin offering...is open to accredited investors
Is this fairly common now? Most of the ICOs I've read about before were basically open to everyone.
- wrs 9y agoMost of the ICOs you’ve read about may well be illegal.
- abritinthebay 9y agoThis is SEC rules for ICOs. ICOs that don't have that limit are a) likely scams or at best b) probably a gigantic legal mess.
- SippinLean 9y agoHas this always been the case (ICOs are only open to the accredited), or does this only apply to ICOs after the SEC's Dec 11th, 2017 statement?
- deleted 9y ago[deleted]
- abritinthebay 9y agoAll of them, always, though there was no official guidance for a while most knowledgable people in the space have been saying that for... at least a year. Of course they got yelled down by the gold-rushers... but it was nevertheless true.
- lurr 9y agoExcept US citizens, in a lot of cases. Reason is they want to avoid SEC Wrath for sketchy shit.