Legal side of altcoin/ ico/ crowdsale?

clonely

member

Activity: 490

Merit: 10

SEND AND RECEIVE MONEY INSTANTLY

Quote from: tomasdrr on January 23, 2017, 04:08:47 AM

Hello guys,

I am working on one new crowd sale project and I am concern regarding legal parts of ICO projects.

I have found couple of cases where USA institution is going after ICO projects.

https://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541972520
https://www.sec.gov/litigation/admin/2014/33-9592.pdf

What's your opinion on that, guys?

Where is your place? Are you starting this project from USA?

So many country has no regulations yet about ICO's. So you can start your project and restrict to joining for USA citizen. But you still make your research. It is about law and regulations. A mistake will be bad for your.

lllaqpt

full member

Activity: 420

Merit: 100

And what did you want in a trade-free trade? There is no control here and everyone acts at their own peril and risk, and governments, including it becomes easier to behave like extortionists.

Bran Smith

newbie

Activity: 2

Merit: 0

ICO crowd sale starts on 15th February 2019. The CarnaLife Token is developed on the Ethereum platform. This makes it fully-compatible with ERC-20 token standard

To know more about Carnalife visit: https://carnalife.io/en

jjacob

legendary

Activity: 1554

Merit: 1026

★Nitrogensports.eu★

Quote from: tomasdrr on January 23, 2017, 04:08:47 AM

Hello guys,

I am working on one new crowd sale project and I am concern regarding legal parts of ICO projects.

I have found couple of cases where USA institution is going after ICO projects.

https://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541972520
https://www.sec.gov/litigation/admin/2014/33-9592.pdf

What's your opinion on that, guys?

There have been multiple ICOs which have been conducted till now. There are diverse views on the legal aspects, and whether existing securities regulations apply to ICOs. You can find a summary here
http://www.the-blockchain.com/docs/Initial_Coin_Offerings_Outlier_Ventures_Research.pdf

tomasdrr

newbie

Activity: 8

Merit: 0

Hello guys,

I am working on one new crowd sale project and I am concern regarding legal parts of ICO projects.

I have found couple of cases where USA institution is going after ICO projects.

https://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541972520
https://www.sec.gov/litigation/admin/2014/33-9592.pdf

What's your opinion on that, guys?

Topic: Legal side of altcoin/ ico/ crowdsale? (Read 501 times)