All these regulators in all the major nations will eventually force ICOs into regulated (or exempted) securities issuance, similar to Filecoins issuance. But the problem with that, is that the tokens issued as securities are then not freely tradeable.
All of those who are trading ICO-issued tokens now, are committing illegal trading. Proof-of-work issued tokens are not securities and thus not illegal to trade (this does not include scam issuance via instamines and sneaky/stealth mines).
Clawbacks, prosecutions, fines, and jail time are coming. Mark my word.
Seriously folks. Stop incriminating yourselves. Clean up your act now, so maybe the regulators will be lenient on you because at least you reformed yourself.
If a country bans these form of investments then they could charge the investors with money laundering and terrorism charges ,other than that expect these kind of rules and regulations because these ICO's are making millions of dollars without any obligation and it is time that the government disrupt this free flow of money and things might get tough in the future.
Exactly. TPTB let all the government-haters incriminate themselves, because they know they would be able to collect all the high-tech resistance movement (and silver and gold bugs) in one place and then destroy them as they collapse the global economy in next several years.
They will then come after all these people who form the resistance movement and simply confiscate all their assets with a charge of money laundering and throw them in jail for contempt-of-court without due process because they are aiding and abetting terrorists and refuse to provide the private keys for their crypto currency accounts.
It was a trap that the banksters laid. They know damn well the weaknesses of fools. They purposely looked the other way and told regulators to wait.
Folks disassociate yourselves from this immediately. During this past dip, I bought only honestly issued proof-of-work tokens and I have seen them all recover
and moving towards new ATHs (slept and woke up and they are all crashed again). There is no need to be involved with the ICOs. They are likely to collapse and you will lose your investment over the next year.
Legally issued ICOs such as Filecoin are not a problem, except that remember the tokens are restricted and can not be traded until the issuer registers them with the regulators. And even after that, they can only be traded on a regulated exchange. Meaning they are just like stocks. You cant spend them as a cryptocurrency P2P. If you do, you will be doing illegal trading.
Now the way around that dilemma is for Filecoin to issue other tokens which are not paid for. But they cant issue said other tokens to those who participated in the ICO, because that would just be an obfuscation of the economic reality.