US Judge rules Initial Coin Offerings are securities

Discussion in 'Wall St. News' started by mlawson71, Sep 14, 2018.

  1. dealmaker likes this.
  2. As a former Registered Principal of a B/D and an RIA... it seems to me there is at least a "securities aspect" to them.
     
  3. Gov can't keep their hands off anything...this is common sense
     
  4. Here4money

    Here4money

    sounds like cherry picking. It's a security but it's not allowed to trade in the legitimate markets?

    What happens if a high school student starts a crypto as a project? Will he be thrown in the slammer for not following securities protocol?
     
    mlawson71 likes this.
  5. That's what I was wondering about. A court decision sets a precedent that affects other people down the line.