Company Announces First SEC-Compliant Public American Ethereum ICO

[maehwasu]

https://medium.com/@BlockMason/three-weeks-ago-the-ethereum-community-was-rocked-by-an-unexpected-report-the-sec-had-finally-90814e8ca4d

[DrScump]

This is Fake News, as an honest reading of the SEC press release shows. There is no such thing as an "SEC-compliant ICO"; the SEC has made no such endorsement.

The SEC press release simply says that ICO instruments may be securities and therefore subject to the full gamut of SEC regulation.

[jaredbowie]

Direct link to legal opinion: https://blockmason.io/Ethereum_Opinion_2017-08-14.pdf

[DrScump → jaredbowie]

A memo published by a law office is not a "legal opinion" in the normal vernacular.

[goodtimesz]

Why haven't other companies been able to get lawyers to issue similar opinions?