The more the SEC cracks down on unregistered securities posing as ICOs, the more the atmosphere in $crypto will change. IMO, ICOs will not die, but they will definitely have to take a new form and STOs will play a big role.
I believe this is a good thing for the industry
I think it is great that SEC is doing it actually. It helps to better the reputations of ICO-s. And if we can get those scam ICO-s etc out of the way, or at least decrease the number of them, then it's a win for crypto!