Post
Topic
Board Altcoin Discussion
Re: POLL - which coins are scams as defined in the OP?
by
TPTB_need_war
on 11/03/2016, 14:07:06 UTC
I have negative net worth, and you guys don't.

I'm not going to make you spend the rest of your life in poverty.

I've been wealthy in the past and I will be wealthy again. I am trying to tell you that I took a wrong turn in my 30s, which is why I am in the predicament I am now. And now I am fighting my way back up again. I am advising you that you can't sustain a good life with poor ethics. And that includes trying to skirt USA securities law to be able to market "wonder investments" to unwary n00b investors in the USA. In the 1800s in the USA, we have snake oil salesmen running rampant. The USA securities law was created to force proper disclosure of IPOs. Perhaps Iota has complied in Norwary under EU law. But my IANAL understanding is you still can't market those securities to USA investors unless either you register them with the SEC or you limit to qualified investors.

Disclaimer: IANAL and readers should consult their own professional advisor.