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> There are security token ICOs which are not utility token ICOs. Ah so securities fraud instead of just plan vanilla fraud?
by spookthesunset 8y ago
> There are security token ICOs which are not utility token ICOs.
Ah so securities fraud instead of just plan vanilla fraud?
- sanxiyn 8y agoIt depends on jurisdiction, but yes, as I understand unregistered security offering is illegal in US.
- spookthesunset 8y agoIt’s illegal in every country with a developed system of securities law for a good reason. All ICO’s are scams. Period.