Dangers of the ICO - Investing in Crypto
Cryptocurrency and initial coin offering (ICO) markets have boomed in recent years, creating billions of dollars in value. ICOs appear to be a simple way for entrepreneurs to fundraise, but when the tokens being offered act like securities, they may be running afoul of US securities laws with severe consequences in the balance. Professor John Morley of Yale Law explains.
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Cryptocurrency and initial coin offering (ICO) markets have boomed in recent years, creating billions of dollars in value. ICOs appear to be a simple way for entrepreneurs to fundraise, but when the tokens being offered act like securities, they may be running afoul of US securities laws with severe consequences in the balance. Professor John Morley of Yale Law explains.
- APPROVED FOR:
-
AZ: General : 0.5
CA: General : 0.5
CT: General : 0.5
IL: General : 0.5
NY: Areas of Professional Practice : 0.5
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