SEC Targets ICOs in Broad Cryptocurrency Markets Investigation

[cryptodrei]

All we need is less ICO scam projects,ICOs are unregulated that is why theses people are doing a lot of schemes with the investors.We need to do something to prevent these ICO scams coming from our community so these new folks wont be throwing their money off,because donating our money to charity would be better than giving away it to these ICO scams.

[bratbu]

SECs shouldnt be a problem when the ICO is based outside the U.S premises,These ICOs shouldnt be so afraid with the SEC's regulations because it only covers all the citizens of the u.s and all the states there,other countries are excluded and shouldnt be following the SEC's order to have KYC thing.I dont really want to wake up one morning all of these ICOs will require KYC because it could be the reason why our privacy would be compromised.

[ac2eugenio]

As far as i know SEC's regulations only covers all the states ,it prohibits all the u.s citizens from joining any of these ICOs,that is why if you are located outside the U.S you should be worried about the SEC's regulations, and these ICOs should be aware that SEC's threats should be a problem because most of the ICOs are not based in the U.S and they shouldnt be doing KYC if they are located inside U.S premises.

[jomvill]

 in The US Securities and Exchange Commission is pursuing a broad investigation into ICOs, one where numerous subpoenas and requests for information have been

[francojon]

In my opinion short term investments can be the greatest road to the worst financial result in the long run. Is much better to choose a good ICO and trust the gods.