Stop all the ICOS now! SEC is coming!

[woas4]

If anything, this could eventually stop some ICO scams down the road. Hopefully it won't impact the market in a big negative way, because although the news might seem scary, they're not so much at all once you read about it and understand it. And there's plenty of investors and funding outside of US, so we should be fine going forward.

[7788bitcoin]

So there will be regulation from the people from US to invest or start a new project and collect funds but that does not mean these ICO will stop anytime soon,even now some of the projects does not collect money from the people of US,so is this a surprising thing.

[cryptor47]

Like it was already said, most ICOs had a "No US citizens" clause in it already, but due to the nature of cryptos it is easy and safe enough to get around that as a US citizen if you know what you are doing.

Exactly. Every single ICO I've looked in recently stated "No US citizens"
So, nothing new..
I'm not sure what the USA Government is thinking though..

[kandholabhavna]

This will not make much difference. Companies that want to run ICO will move to singapore, japan or switzerland and people who want to invest will use VPN's.

[arbitrage]

Ok now we know this won't stop ICO's, only US citizens won't be included in this.
But how we can be sure in anything when we are anonymous most of our times? I believe this will create even better conditions for ICO's and now they will become more scammy, because they will be lunched form third world countries..

[TRONTON]

Very scary when talking about scam, but I think there is no system that set it clearly except from america and china. Many Russian and Ukrainian ico have no obstacles and we never know the purpose is actually good or not.

But I as a monitors can only be neutral and vigilant, in the free market even this anonymous market is still worth doing and only utilize the same trust as other internet business.

[Pab]

Who care about sec,usa is not owner of the world,i think usa will make some  friendly legislation,to many big usa start up is looking for crowdsale opportunity,to big money are on the table.USA tech compnys cant lose that race

[freebutcaged]

If you are an idiot then you will lose money on ICOs no matter if governments try to prevent it, nowadays ICOs are like hot girls

Everyone lose their minds when they see one.

[bongiu]

The only affected icos are those scam icos who does not really have a real project and intends to run with the accumulated funds. I think that is a good move because there are lots of uninformed investors in icos who throw their money in any ico that comes their way. investors really needed to be educated in dealing with icos.

Totally agree. It's not the end of ICOs as OP says  It's the end of scam ICOs. Unfortunately, there are A LOT of scam ICOs 

[rooster2000bka]

ICO had proplem! No body know about it! Many info only from they web and they thead or socical network! So big think more Scam may be ! I dont know exacly but really!

[relest]

The only affected icos are those scam icos who does not really have a real project and intends to run with the accumulated funds. I think that is a good move because there are lots of uninformed investors in icos who throw their money in any ico that comes their way. investors really needed to be educated in dealing with icos.

True, for good startups it's even better

[duyduc256]

This will be great for investors and developers. They will avoid many ICO scams as there are many ICO's that do not have specific information to develop. If that happens we can invest safely without worrying much and crypto will rapidly developing

[Savemore]

The only affected icos are those scam icos who does not really have a real project and intends to run with the accumulated funds. I think that is a good move because there are lots of uninformed investors in icos who throw their money in any ico that comes their way. investors really needed to be educated in dealing with icos.

Yeah you're correct. Investors should have enough knowledge to the particular ICO. If they don't have a knowledge and information about the project, for sure there is a possibility that the project is scam. So I prefer to all of us that before we invest, make sure that this project is really promising and real project.

[13abyknight]

SEC ICO REGulation is just release, and all the tokens will be securities, better to kiss good bye and stop all your ICO scams  

https://www.sec.gov/news/press-release/2017-131

https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings

https://www.sec.gov/litigation/investreport/34-81207.pdf

This is already completely irrelevant at this point as many ICOs are only available for non-US residentials. To be able to participate in the ICO, you should agree to their terms which includes you being a 'non-US citizen' and only then will you be able to coins. Not sure how it would go if US residents try using VPN services to buy from ICOs but it would still be a big risk if they do so.

[Herdirfauzi]

Interesting, I will notice about this .. I am sure ico will be cleaned .. because not a few I heard about ico scam

[ElitistCA]

This will be great for investors and developers. They will avoid many ICO scams as there are many ICO's that do not have specific information to develop. If that happens we can invest safely without worrying much and crypto will rapidly developing

If the SEC investigates aggressively, I don't think ICOs still alive because in past time have many project scam with huge money. The DAO is subject get attention from SEC, maybe have big change about rules create ICOs crowdsale in future, as stocks.

[L1544]

The only affected icos are those scam icos who does not really have a real project and intends to run with the accumulated funds. I think that is a good move because there are lots of uninformed investors in icos who throw their money in any ico that comes their way. investors really needed to be educated in dealing with icos.

I strongly agree
Many ICOs lead to fraud without explaining the follow-up on real projects and only spreading the purely profitable dreams that ultimately have to lose a lot of money 

[pey]

US citizens are not already allowed to participate in most ico, these laws are good for them, they might be more careful with their money.

[xx-man]

The only affected icos are those scam icos who does not really have a real project and intends to run with the accumulated funds. I think that is a good move because there are lots of uninformed investors in icos who throw their money in any ico that comes their way. investors really needed to be educated in dealing with icos.

I think you do not have to blame ico, because of the ico it's a real project, but it all depends on how you look first into it, to make sure it's real or just play. So all that must be viewed first into it before you to invest in it.

[bitcub]

If that SEC US Gov can prevent the scammers, hurray! How I wish to see the bitcointalk.org scammers put in jail. Specially the scumbag ICO scammers. I wish all ICO must go screening. I think all BTCTalk mods will also participate by screening and banning all ICO starters without any proof of their business model.