Post
Topic
Board Announcements (Altcoins)
Re: It is a disastrous ICO. I was thinking that this shit coin will end up like this
by
normana
on 20/02/2019, 21:15:20 UTC
There was no KYC or restriction for millions of Americans who got trapped buying your trash coin. The IP validation did not exist for all ips and there was no KYC. I am sure SEC will bust your asses and you will end up in jail.

You are a fake person impersonating a fake name as well. I have no idea what this sentence should mean, but we both use nicknames so it must be true for you as well.

Your KYC/US restrictions statement is completely wrong.
1. There was a strong US restriction during the ICO. I was in the US during the ICO, so I know for sure it was the case. But I also found proof for it: You can see in the backup of archive.org on this page that clicking the "Contribute" button on the ICO website will link you to the URL https://nimiq.com/token-sale/country-check (which isn't stored on archive.org). Country check already looks like the URL for a country check, but of course that alone is not a proof that this is indeed a US restrictions. Luckily I found two screenshots on the internet confirming this. This is the site that you see when accessing the website outside the US. This is the site you see when accessing the website from within the US or Puerto Rico. Additionally, you can see in the terms that it was forbidding to participate for US people. tl;dr: There was no way around the US restriction without using a VPN and intentional lying before participation. Any American that did that should be aware of the fact that he or she is not protected by US laws.
2. There was a KYC during the activation of the mainnet token NIM. All NET owners were required to do KYC to get their NIM.