TPTB,
I took you seriously and read for hours about this subject, which mostly lawyers can come up with answers to.
First of all, you lost all my trust when saying, "even the filipinos agree the US is supreme"
So, YOU ARE NOT SUPREME, when I see americans I see stupidity, this is the truth for the young generation where I come from.
You have idiotic presidents, corrupted to your source, and think your'e better than all,
And MAYBE you are in some ways (and so are budahists) , but as soon as you think that and say it, you become less than all humans.
BUT saying that is racist, even IF someone thinks so. Its offending for 200 million people.
And when your'e saying US is supreme, its offending 6.8 BILLION people.
See my point?
So after researching this law issues that you mentioned.
I see that you were/are hurt in some way, and want scammers to begone in someway,
So you fight "the good fight". which you maybe doing..
To conclude your'e a little right but alot more wrong.
crypto ICO's are GREY area and will remain so for much longer time, and when that time comes (years),
There will not be a witchhunt like you imply, cause this is a worldwide phenomenon and as long as these companies will use the funds to pay devs and developments,
And those coins/token will be used on the platforms for various actions, There aint nothing wrong with it, for now.
And if there will be, it will be taxing not prosecuting, imho.
Why dont you say DASH will be prosecuted for instamine, and bitcoin as well for that matter?
this is a word (instamine) gone from our community, and its better this way.
If we had it your way, there wil be nothing, as devs need to work 2 jobs to develop a service.
Sorry but none of us can afford not to work,
and I think you fail to understand that its a funding to the project's salaries for years to come.
Grey funding, but still not ilegal.
If it's illegal in the us, so your citizens must be responsible for their actions.
Not knowing your law doesnt relieve you from punishment.
The world doesnt have to comply to US' all the time, right? if you came from a different country, you would talk diffrently.
Disclaimer: IANR / IANA (im not russian, im not american)
I wish you all the best, TPTB, and for you to find some greater truth than what you see.
and remember not to fight the wars of The powers that be, by mistake.