The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.
Disclaimer: I'm not a US citizen, and I've not read that law
I don't know if I am just ignorant or what, but I have not heard that rule ever until now. I agree, there is no sense to not let poor people do investment. Poor people does not mean that they do not have money. Of course they do but they are just lacking, they can still do investment if they managed to save some and this can be a way for them to become rich.