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August 21, 2017, 08:31:19 PM |
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How is the Howey Test applied/ or how is the jurisdiction chosen? Is it the country of residence of the team which runs the ICO, or is it the investors who are contributing to it? If anyone has any reliable links, that would be great. So for instance if a crowdfund says "do not invest if you're from US", can the SEC still pursue it if the team lives in US? I am trying to safeguard my investments.
Also if there are legal actions, do the investors face consequences or the company running the crowdfund or both?
Thanks
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