Out of curiosity, does the wording of this thread (fanclub, donations, etc.) actually prevent the SEC from prosecuting this as an illegal security, or is this just due to luck.
This would make prosecuting less than an open and shut case. In terms of USD, there are relatively small amounts involved when the USD value is measured at the time of the transaction, and there is no actual fraud involved, so I don't think this is something the SEC would give a high priority to anyway.