Quote from: Come-from-Beyond on March 17, 2016, 11:02:07 AM

You keep referring to US laws, but they are not applicable in Western Europe.

Incorrect. Please stop pretending you are attorney, because you obviously are negligent in your conceptualization of the current international reach of US law. Which btw, is only going to become more pervasive in 2017, as the G20 has pledged to harmonize and cooperate on cracking down on financial defectors. The world is not some fantasy of independent regions. The world is run by an elite class who are supra-national and they are driving very rapidly towards a global governance system, so that there is no place to run and no place to hide from the hegemony of the global elite.

I suppose you are unaware that Switzerland totally caved into the USA demands on bank secrecy. Even Germany was able to penetrate Swiss bank secrecy by using bribes.

Russian speakers apparently believe the lie that Russia can stand up to the USA, which the elite have by design helped to foster by awarding Edward Snowden safe haven in Russia and complete with this faked failure of the USA when it required the Ecuadoran President's plane to land in France. Do you really live in some foolish kindergarden fantasy where you think the Snowden could have left Hong Kong without the elite knowing where he was and also knowing that he was not on the Ecuadorian President's plane. This is all planned theatre to fool the naive. This was never the case because Russia and the USA are being run by the same elites. They want you to believe that is not so and for you to hold your foolish, nationalistic pride.

But even that conspiracy oriented perspective is not required, because the USA can prosecute you and if necessary they will go after you with a proxy such as seizing your funds and business in the USA and the Swift wire transfer system, and of any one who is aiding, coddling, and protecting you. I mean really can you expect Iota to not totally crash in value if the USA is attacking the ongoing enterprise that is responsible for the Iota centralized servers and driving its development and promotion. They've done this to Julian Assange to KitDotCom, etc.. They can be ready to arrest (interdict) you during your international travels. Eventually they'll nab you. If it is really important, they'll covertly kidnap you and forceably move you to a jurisdiction where they can arrest you. With FATCA, the USA has demonstrated it can pressure the foreign banks to enforce USA laws by threatening to blacklist them from the international financial system.

All the G20 have the same shared problem which is how to prevent financial defectors as the global sovereign debt collapse goes over the cliff later this year and especially in 2017. The powers-that-be know what is coming and they are preparing to prevent the practice of safe havens that allow individuals to play the various jurisdictions against each other. Don't be so damn naive. This isn't something decades from now, this is happening now.

Instead of your childish fantasies of what you wish the law says, let's actually look at what the law says.

Quote from: https://www.sec.gov/divisions/corpfin/internatl/foreign-private-issuers-overview.shtml#IIIA

A. Activities and Circumstances Requiring Registration

Under the U.S. federal securities laws, a foreign private issuer must register an offering of its securities under the Securities Act or a class of securities under the Exchange Act, or both, as explained below, in the following circumstances:

* The foreign private issuer wishes to conduct a public offering of its securities in the United States;

Quote from: https://www.sec.gov/divisions/corpfin/internatl/foreign-private-issuers-overview.shtml#IIIA1

1. U.S. Public Offering

Under the U.S. federal securities laws, every offer or sale of securities must either be registered pursuant to the Securities Act or exempt from such registration. Although specific exemptions exist with respect to both the type of security and type of transaction at issue, those most often relevant to foreign private issuers include offerings made on a limited basis (either not to the general public or outside the United States). Please see below for a general overview of exemptions and safe harbors available to foreign private issuers. If no exemption or safe harbor applies, offers and sales must be effected by means of a publicly-filed Securities Act registration statement.

In order to qualify for an exemption from registration with the SEC, you must either sell only to qualified investors or you must make no public offering, and also publicly file a Form D, ostensibly none of which Iota's ICO complied with.

Do you really think the US laws would mention "foreign private issuer" if the USA law has no jurisdiction over them. Roll Eyes