Re:Goodbye ICOs, hello ILPs?
by CryptoPunk on Thursday April 12, 2018 @11:25PM
(#16826929)
We could certainly have a discussion about taxation and my views on it, but I'd rather discuss a more clear cut subject.
That subject is someone being prosecuted under criminal law for offering a security to another consenting adult without having met the mandated requirement of having that security approved by the ordained regulatory agency.
Edit: responding to below:
>>why you might also believe that securities frauds are victimless.
It's not "securities fraud" though. No fraud need happen for someone to be prosecuted under criminal law for offering a security to the public.
The fact that you label all securities offerings without government approval "fraud" supports my earlier point that your position is "based on sweeping and prejudicial generalizations that they're all scams".
That subject is someone being prosecuted under criminal law for offering a security to another consenting adult without having met the mandated requirement of having that security approved by the ordained regulatory agency.
Edit: responding to below:
>>why you might also believe that securities frauds are victimless.
It's not "securities fraud" though. No fraud need happen for someone to be prosecuted under criminal law for offering a security to the public.
The fact that you label all securities offerings without government approval "fraud" supports my earlier point that your position is "based on sweeping and prejudicial generalizations that they're all scams".