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Actually, I'm really wondering how all these cryptocurrencies are legal. Algorand also started by selling its initial coins, how is that legal?
by ccktlmazeltov 6y ago
Actually, I'm really wondering how all these cryptocurrencies are legal. Algorand also started by selling its initial coins, how is that legal?
- wmf 6y agoAlmost no token sales are done legally. Ethereum's token sale wouldn't be legal if it was done today but Ethereum is so large that regulators effectively grandfathered it under the "sufficiently decentralized" doctrine.