Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It

Quote from: Puppet on October 28, 2014, 08:55:44 PM

Quote from: MichaelBliss on October 28, 2014, 08:29:35 PM

AM is in China, SEC is an American thing. The SEC has no jurisdiction beyond the States.

You must be new here Roll Eyes

I cant believe how often that BS has been posted and debunked, yet keeps being sprouted.
AM is selling unregistered securities to (unsophisticated) US investors, and therefore subject to SEC regulation, no matter where they are located. Same goes for EU regulations and investors, Japanese, and basically.. everywhere else.

And so Id say yes, its highly likely AM was among the targeted companies offering securities on directly on bitcointalk:
http://cointelegraph.com/news/112811/us-regulators-one-two-punch-sec-probes-crowdsales-fincen-takes-aim-at-exchanges

Correct, but highly unlikely China will assist the SEC in any action, making any action impossible. Far more likely, the SEC will concentrate its efforts elsewhere.