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Re:Avoiding being scammed in ICO “pump-and-dump” schemes by jetti on Monday August 28, 2017 @11:58AM (#15117478)
The SEC has ruled that some coins in ICOs are actually securities and are subject to the SEC rules[1] so they aren't going to really bypass the SEC at all. It's just a matter of time before things get ugly.

[1]http://fortune.com/2017/07/26/sec-icos/

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