Quote from: vit05 on June 06, 2019, 03:01:06 AM

This was expected. Several assets will suffer similar punishments. And many exchanges are already adapting to these rules than the SEC imposes. Honestly, this punishment seems reasonable to me since it is not really possible to acquire anything with this token. It was just a stupid way to raise money.

Well, it is true that the punishment given to this ICO companies is cool for misusing investors money, but the problem is that the SEC are very much limited just to the U.S citizens and for this we are still going to see a lot of scam ICO rising all of the time, I think we need a permanent solution on how to solve this issue of scammers making away with peoples money all in the name of starting up a crypto company, this is becoming very tiring.