Im not sure NEM is that kind of a system. I understood it as a corporate solution and thats what it seems like it aspires to be (in contrast to a privacy coin for example, which might be more agnostic to its users). So I wish NEM had stepped in and disallows this. Surely there has to be governance over what is essentially fraud? Would NEM allow known scamcoins to ICO?
I need to have a think, but this materially changes my interest in staying in NEM.
I thought your foot was most of the way out the door already. You want even more reasons?
Anyone can download the wallet and APIs and start playing and building. Their transactions can't be stopped either. It's not like IBM selling them a database solution.
As NEMofficial's tweet says - 'The NEM technology is freely open to any individual or organization that wants to use it. The NEM Foundation abstains from political endorsements'