Those offenders have helpfully immortalized their activities in an immutable public ledger. The SEC is going to have a field day, and the effort will be low. I

Those offenders have helpfully immortalized their activities in an immutable public ledger. The SEC is going to have a field day, and the effort will be low. I suspect that the only measure of their interest will be total dollar amounts, beyond that... bang. I’m not sure how small you’d need to be when the nature of the activity itself produces cryptographically secure evidence of your activities. It may be that the directive to smaller ICOks will be something along the lines of, “Give it all back, now, or we’ll make you.”