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If they are unregulated then it isn't a crime until it is a crime, and in this case, by then far too late to sort out. Even when it does go wrong, there still
by lbriner 4y ago
If they are unregulated then it isn't a crime until it is a crime, and in this case, by then far too late to sort out.
Even when it does go wrong, there still might not be a crime any more serious than being an idiot, obviously would be different if the company misrepresents itself for gain, which would be fraud.
I suspect that many of these people genuinely believe their own hype, which is how they convince others to buy into it.
- landemva 4y agoIf sold to people in USA and if SEC deems it should have been registered as a security, then get ready for a well-deserved enforcement action. Would not want to be an American and on board of directors or a senior contributor or part owner.