Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
YGung
on 29/07/2017, 14:52:23 UTC
Man it smells fresh in here!
What happened to the FUDclouds? Grin

 Wink

Old crypto hand here (2013), different account. Love how the trolls just STFU after Reggie's last post.

To Reggie: Keep on keeping on. I for one have been proud of the work you're doing and with the level headed manner you've dealt with trolls, critics, dickhead editors, and racists. I'm long on about 20 coins/tokens but VERI is one of my top 3 favorites due to your body of work, your team, and your IP.

P.S. I just love the sound of crickets after a mic drop.  Grin

Nobody really cares anymore after the hacking. Anyway they are probably going to be shut down by the SEC.

https://twitter.com/SEC_Enforcement/status/889949240671305730
https://twitter.com/SEC_Enforcement/status/889967264476393477
https://twitter.com/SEC_Enforcement/status/890198815688585217

Dont bet the farm on that, the law was not in force when the ICO happened. I would be more concerned of new ICO's, but thew will just go into other jurisdictions, like asia for example.

Not proclaiming to be a lawyer, but the "law" in this case existed before the ICOs and the statute of limitations is what would hinder action being taken specifically regarding that.  They could take their sweet time building a case if they're within the statue of limitations, and the smart assumption would be that they ARE within those limitations.

Jurisdiction is def an issue for SEC..all in all, the press release is not the death blow people are suggesting, there are many credible entities that are spinning the press release as a positive thing.

I think Veri up to this pt has done a great job to be mindful of the law and be very weary of how they project what they are offering.  Veri has always pushed the utility of the token and the offering of their software as a service over promising investors money simply for owning Veri.  Every token should obviously be evaluated separately regarding the potential SEC crackdown, that said, Veri is not one of the tokens I am personally worried about at this time in regards to that.