setting up a crypto hedge fund

[bradford44]

My apologies if this is in the wrong place 

I'm based in the US and starting a fund to invest in alternative coins and ICO's. I'm currently working for a large hedge fund, and understand the process to start a typical fund. I'm trying to understand how I would start a fund in the crypto space legally.

Here is my goal:

- Create a token
- Investors invest in that token
- We use money to invest in ICO's and alt coins

It would be identical to this: https://www.taas.fund/

Can i do this in the US? Or do i need to handle this like a typical ICO?

OR

Should I just set set up an LLC, accept investor money like a typcial fund, and just move it to my virtual wallet? My assumption is that's easier, but I don't know how SEC regulations work....

Thanks for any help!

[amster6699]

if i was you i invest in bitcoin bicouse you dont have any chance investing in ICO bicouse now every one know biggest part of ICO,s are scammers and run away with all the coins and also bicouse for you have an ICO that survive you gona nead Min 20 milions dollar invested and also you gona nead to pass all the tests for your coin show on market cap ..
just think about that bicouse wend anyone creats a new token everyone knows bitcoin stay weaker and if bitcoin is weaker all the tokens also going down with Bitcoin ..
on this days evryone wants to create a shitcoin but they dont think wat could happend to their oun token maket cap
hope this helps you brother
take care

[johnnyonroll]

I am in the same boat although i understand that you have to set it up like a regular fund create a LP and management agreement and LP agreement for the fund and offering memorandum.