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A comment on ICOs at the End of 2017: What We Think We Know and What We Don't Know. Parent comment

Re:ICOs at the End of 2017: What We Think We Know and What W... by logicallee on Tuesday October 17, 2017 @12:17PM (#15492178)
Not only are they not under an obligation to share their success with you, it's illegal to do so. If I get Future_Technology_01 and sell ICO coins with the knowledge that any engineer in the world can understand my white paper and sees the value in it, it's illegal for me to offer to repurchase the coins at a whateverx multiple in 36 months after using the ICO raise to get to market.

That's because it's illegal to sell coins if the primary motivation of the buyer is to make money from their increased value. It's literally illegal for the company to let you invest in it via ICO's while providing a mechanism for the money from the ICO to make it back to you after the company has used it to get to market.

See all of the responses here:

https://news.ycombinator.com/item?id=15293604

i.e. there are no responses there.

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Re:ICOs at the End of 2017: What We Think We Know and What W... by logicallee on Tuesday October 17, 2017 @03:38PM (#15494172)
This got a downvote but I'm interested in the point of disagreement. Could you elaborate?
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