Re:SEC tightens the noose on ICO-funded startups
by JumpCrisscross on Wednesday October 10, 2018 @02:04PM
(#18187398)
> other than those who jumped in without doing their due dilligence?
Diligencing private securities is expensive. Getting information is expensive, the legal work is expensive, the negotiations are expensive. This is fundamental to the lack of reporting requirements and standardisation. Small checks simply don’t make sense in these markets.
Diligencing private securities is expensive. Getting information is expensive, the legal work is expensive, the negotiations are expensive. This is fundamental to the lack of reporting requirements and standardisation. Small checks simply don’t make sense in these markets.