: A process that is extremely expensive and time-consuming.
For most U.S. citizens, participating in Initial Coin Offerings (ICOs) is unless the project specifically complies with strict federal securities laws . can us citizens buy icos
: Often, they can only sell to accredited investors . 2. Who Can Legally Participate? : A process that is extremely expensive and time-consuming
: Providing detailed financial and management information. the issuer must:
: Over $1 million, excluding the value of their primary residence. 3. Common ICO Exemptions Initial Coin Offering: SEC Crypto Rules - Cenkus Law
Participation is typically limited to "Accredited Investors" who meet specific wealth or income thresholds:
The SEC uses the to determine if a crypto token is an "investment contract" (a security). If it is a security, the issuer must:
