I am a co-founder in the cryptocurrency space. Our lawyers were smart and advised us against releasing a utility token ICO because they predicted that these SEC actions would be coming.
Our approach to "get around" this is to file all the necessary paperwork for a legal security and then only sell the token to accredited investors.
Our approach to "get around" this is to file all the necessary paperwork for a legal security and then only sell the token to accredited investors.