Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] IDM Protect
by
IDM Protect
on 02/06/2018, 20:57:53 UTC
What about the IDM tokens? How are they regulated by law?

Hi! IDM tokens are not a security, financial instrument or an electronic currency. They are not registered under the US Securities Act and are not subject to laws on securities in other countries where token owners are residing

In this case who is responsible if there are any legal problems with IDM tokens?

Partially it's the buyers of IDM tokens themselves. We bring attention to the fact that buyers of IDM tokens must determine on their own accord the legality of the purchase in their respective jurisdictions and a resale or a transfer of the tokens to other persons residing in different jurisdictions. All the other responsibility is on the company.

Understood. Thank you for the information.

You can find all the details on www.myidm.io.