Quote from: aminorex on September 04, 2014, 03:37:59 AM

Quote from: NewLiberty on September 04, 2014, 03:13:19 AM

Quote from: aminorex on September 03, 2014, 10:11:09 PM

Quote from: NewLiberty on September 03, 2014, 08:11:20 PM

Quote from: aminorex on September 03, 2014, 05:32:12 PM

True. But I think the "ICO" is very clearly in violation of the law. This creates a liability when they are sued by investors who lose money as a result.

Which law specifically do you think is violated?

The Securities Act of 1933, section 5(a) for one. There are others which may also pertain, but I am not a domain expert, and prefer to mention only the one which seems relatively straightforward in its application.

Is Poloniex doing anything at all with securities?

Check out the SuperNET threads. I can't bring myself to represent it fairly. But I definitely think the proposal which I originally read was a securities offering.

Quote from: jl777 on September 03, 2014, 10:11:48 PM

DRAFT doc for SuperNET is at http://209.126.70.170/SuperNET.pdf
feedback appreciated