Re:Venture Capitalists Seek ‘Safe Harbor’ for Virtual Curren...
by cfadvan on Thursday April 19, 2018 @07:41PM
(#16881108)
Wherever you go, if you’re a US citizen or do business in the US the SEC has long arm jurisdiction. The degree to which they can reach out and just take would be shocking to anyone who didn’t already know about their powers.
In fact as you can see, you don’t even need to be a US citizen or company. The SEC can take its time and when it has a mind to, just reach out and fuck up all of the cryptocurrencies they decide broke the rules, and do it retroactively. They have a ton of power, backed by the US and a number of treaties. If you’re in the EU, the SEC won’t even have to break a sweat.
http://www.arthurcox.com/wp-content/uploads/2017/11/The-long...
https://scholarship.law.berkeley.edu/cgi/viewcontent.cgi?ref...
http://www.statutes.legis.state.tx.us/Docs/CP/htm/CP.17.htm
https://en.m.wikipedia.org/wiki/Long-arm_jurisdiction
In fact as you can see, you don’t even need to be a US citizen or company. The SEC can take its time and when it has a mind to, just reach out and fuck up all of the cryptocurrencies they decide broke the rules, and do it retroactively. They have a ton of power, backed by the US and a number of treaties. If you’re in the EU, the SEC won’t even have to break a sweat.