ICO legalities in 2020?

[metenjean]

Many ICO not get legalities although in their country, they only take benefit how keep trusted each other between investor and developer of ICO project invetsment, they can get many way how to make investor trusted with hist ICO investing project.

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[Bonwin]

Most ICO and IEO I had invested in always exclude USA and Canada from participating in their project for fear of SEC prosecution and eventually destroying their project. They have a law protecting their citizens against unregulated ICO, so having them as investors can spell doom when reported.

I have seen US citizens who invested in ICO, but most of them have dual citizenship. So, they just use other citizenship, which allows them to invest freely. there are also some of them that invest through their friends.

It is normal for every cryptocurrency project, most especially ICo and IEO to include it in their disclaimers that certain countries, such as the US are not allowed to invest, but if they do, nothing will be done against the project team.
This is why some projects prefer STO, but most of them in the space are illegal.

[Youghoor]

ICOs are really dead these days and many investors don't look in its direction unless is an IEO. Well, i think if a project wants to conduct an ICO  in the US then they would definitely need to comply with the SEC regulations and this rule would definitely apply to both citizens and residents. This is the more reason why no crypto projects want to allow US citizens to participate because by complying to the rules of the SEC if the project turns out to be scam the team members can be penalized.

[spike420211]

Many US citizens have invested in projects using other people's data. But now this is not so important, because in the market there are essentially no offers from ICO projects.
Even a new reformatted view of this fundraiser, IEO, is now declining due to its financial insolvency for investors.
All that we have learned over the past few years about fundraising is that very few projects are able to show decent profits in the long run.
Thus, it makes sense to invest only in the short-term, and this is exclusively speculative nature of investments.

[travwill]

In the USA, there is its own regulator called SEC, by going to its website you can read the regulations and how this body works.
I think you know that most cryptocurrency projects do not allow US citizens to participate in fundraising, because no one wants to run into a regulator from the USA.

Those who collected funds from US citizens, as a rule, fell under severe fines and sanctions.
Even Pavel Durov, who had been negotiating with the SEC for so long, was refused on all fronts, and his coin was recognized as a security.

And how can you know without permission to sell securities to US citizens is prohibited.
Thus, now Pavel Durov will have to return all funds to investors and pay huge fines for violating the laws of the United States of America.