Re:The ICO paradox and how to fix it
by ameliaquining on Tuesday March 13, 2018 @08:08PM
(#16581082)
Presumably because first-party ticket sellers don't encourage resale. In the U.S., there's a legal test to determine whether something is a security: https://en.wikipedia.org/wiki/SEC_v._W._J._Howey_Co.
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