just a quick question, i have no problem with it but why do we have to submit our legal documents? is this just to prove that nothing dodgy is going on? or people from restricted countries are not purchasing?
It is all about regulations, my friend. The world of crypto and blockchain is still in the midst of entering mainstream adoption. Banks, financial regulators and governments are all training their focus especially on ICOs, since a lot have already scammed and they have received a lot of complaints. There are also legitimate concerns about anti money laundering that must be addressed. Utrust is trying to become compliant in this manner, so all their investors must be properly vetted, as per their regulations and terms. You have no choice and soon every ICO will become like this.