Even though ICO's have lost the appeal lately.
I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
The reason that all ICO projects are avoided for US citizens is because of the SEC. because most of the ICO projects from 2018 up to now are just scam projects. they never want Americans involved in their capital raising activities because they know they may end up paying a heavy price. And as you can see, ICO projects with such policies are often scams. It is now hard for us to trust ICO projects anymore, because now they have many ways to cheat investors. they will promise more because it's just a word. after the Investors sent money to them, then they did everything else and ignored the investors' whine. anyway, I advise you not to invest in ICOs anymore, keep your money safe.