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A comment on Easiest Path to Riches on the Web? An Initial Coin Offering. Parent comment

Re:Easiest Path to Riches on the Web? An Initial Coin Offering by bjl on Monday June 26, 2017 @10:27AM (#14637047)
Basically, its illegal to market exotic investment opportunities to unaccredited investors (for good reason IMO). Same reason only accredited investors can invest in things like CDOs and weather derivatives.
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Re:Easiest Path to Riches on the Web? An Initial Coin Offering by api on Monday June 26, 2017 @10:33AM (#14637093)
Could you do an ICO or BTC share sale to only accredited investors with an online form asking for details a statement to that effect?

I recall from angel funding that the criteria is that you must ask, and that you must have "no reasonable reason to doubt" that a person is an accredited investor. The language is nice and vague, as per SEC regulatory standards.

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