Same. A quick chat with an attorney who is an SEC specialist basically said "if it breathes" i.e. involves money that ICO is seen as a security. The SEC putting together the digital division which covers cryptocurrency tokens is part of what led to him saying this. Basically fish in a barrel.
It is in my opinion that any US-based ICO is now in a lottery as to whether they get the SEC visit.
Not legal advice at all, just sharing an excerpt from a coffee chat.
It is in my opinion that any US-based ICO is now in a lottery as to whether they get the SEC visit.
Not legal advice at all, just sharing an excerpt from a coffee chat.