The first thing that I think of is there is a hidden clause that will protect you if/when you run with all of the funds and only people in US would be able to come after you legally.
Of course, that may not be the truth but that is the first thing I think about.
Please elaborate.
US Citizen = it's rather obvious.
If that happens = Foundation is subject to US law.
Two REALLY GOOD, in-depth resources:
- https://www.coinbase.com/legal/securities-law-framework.pdf
- https://www.linkedin.com/pulse/ico-whitepaper-stephen-palley
No US.
I'm actually wondering if checkbox is good enough - potentially someone may argue that scan of the passport should be required.
(I'm not fussy, I'm just doing research)