my comment on the other thread
so could get ION delisted
prolly still grey areas. shit will hit the fan if sec says masternodes are that too
i think a lot of money will bleed once regulation comes in. alts will drop and with lightning it'll end up regulated bitcoin, litecoin and a few others.
So far the SEC appears to be interested only in ICO alts and tokens, so basically the more shittier of shitcoins. Even some of the the ICOs might still be ok. There are crowdfunding allowances for small businesses etc, although none of the existing ICOs seem to be complying with those yet.