Sec and ico promotion

[DrewXland]

Hi,

What are people’s thoughts on sec coming out and saying they are going
to prosecute celebs and influencers for promoting icos.

How realistic is this?
What does this mean for bloggers and YouTubers who do a promotional  piece on an ico?
Does this mean bounties are dead? There must be 100os of people who continue to market.

Does it matter if the marketer is outside the USA.

Interested in getting people’s views

[joniboini]

Does this mean bounties are dead? There must be 100os of people who continue to market.

AFAIK no. Bounty and social media influencers are way different. Social media influencers are paid upfront, but most of the time they don't disclose it. Bounty, on the other hand, is paid after the token sale, with the stake based system and so on which can be audited publicly (depends on the bounty too, though). Bounty hunter and social media influencers are way too different, most people don't get influenced by bounty hunter after all.

I don't think this will make bounty dead, as ICO can run on other countries. They can also label it as "give away" or "competition" and so on.

[Pmalek]

SEC=USA
Anyone who isn't a US citizen cant get prosecuted or penalised by SEC.
Even if they for some weird reason in the future start checking bounty hunters by looking at the google spreadsheets for example, they will still have to connect all the ETH accounts with the right users and then single out US citizens. 

[DrewXland]

Ha thanks guys... seems like it sucks to be a US citizen. They hampered peeps earning bucks from the crypto bull run, then after the fact they are still hunting around for victims.