thanks for everybody input.

I am aware that bigger exchanges allow OTC for cashing out your crypto to fiat. however the "money journey" does not end there.
Once your asset is changed to fiat, it has to move into a bank account, that's where the issue might potentially come in.

Banks (or rather most banks) would query on your source of fund and source of wealth. from an AML perspective, it is difficult for the bank to ascertain the source of funds since it is from various unknown sources.

I am exploring this topic coz there are other threads on the influx of penny coins, shit coins, etc etc.... however you want to name it. Authority is not able to regulate ICOs, however they could tighten AML regulations at banks making ICO exit a painful process.