If this is indeed an exit scam, the founder did himself no favors by posting south park memes etc. The more interesting case is what would happen if instead, h

If this is indeed an exit scam, the founder did himself no favors by posting south park memes etc. The more interesting case is what would happen if instead, he'd just quietly take his money and go his merry way. It seems to me that it could be quite difficult to charge an ICO founder with a crime: - ICOs do not sell equity in the underlying company. - ICOs are not debt in the underlying company. - An ICO buyer acquires neither a stake in the company, nor a right to interest payments. They acquire a bunch of tradeable integers. As long as they got their integers, and the trading platform still works (which in my limited understanding is not hard to do for Ethereum based coins), what cause of action does a buyer have against the company? Even in cases where there IS a traditional debt or equity relationship, large white collar crimes are often hard to prove. ICO related scams might be all but impossible to prosecute if the principals refrain from spiking the ball, unlike this founder.