zlacker

If they are unregulated then it isn't a crime until it is a crime, and in this case, by then far too late to sort out.

Even when it does go wrong, there still might not be a crime any more serious than being an idiot, obviously would be different if the company misrepresents itself for gain, which would be fraud.

I suspect that many of these people genuinely believe their own hype, which is how they convince others to buy into it.

>>lbrine+(OP)
If sold to people in USA and if SEC deems it should have been registered as a security, then get ready for a well-deserved enforcement action. Would not want to be an American and on board of directors or a senior contributor or part owner.