SEC rules ICOs are securities

Coinfag bagholders BTFO.

sec.gov/news/press-release/2017-131

How could this happen to me?)?????

brb shorting ETH 100x

Everyday I lose more faith in shit mETH

If this is a surprise development then you are just as likely to be surprised at the fact that the sun rises every morning. These people are clearly not launching war on unconventional securities. Does this look like how the DEA addresses marijuana legalization? Or does this look like the way the IRS address fraud? This is about as warm of a welcome as anyone could hope for

Can someone explain for a retard? I'm a retard

yeah what the fuck does this mean

how does everyone know what this mean except me and user?

were ICO's not paying taxes or something??

ICO's are illegal in their current form.

Down the trashbin eth goes.

Some were complete ponzi schemes. There are like 800 altcoins now, some were only a pump & dumps.