Post
Topic
Board Legal
Re: ICO ban for the US citizens
by
Leyss
on 26/09/2018, 04:35:53 UTC
Many European ICOs recently that I saw, they all state in their ToS that the US citizens can't participate. Why?

In the USA, ICO projects are considered too risky for their citizens and they are protected by such prohibitions from incurring possible material losses. However, it should be noted that in this country the restriction concerns investing in ICO projects and there is nothing about participants in the ICO generosity campaign that are not investors. Therefore, the requirement of the ICO team to pass a KYC test to bounty hunters is illegal.