‘‘Everybody’s doing it.’’ ‘‘No one’s getting hurt.’’ ‘‘You’re ruining all the fun.’’
Those retorts sound like the arguments a teen makes when her parents forbid her from attending a concert or a party. They’re also what some attorneys are hearing when they counsel startup founders itching to raise capital through an initial coin offering (ICO).
Originally published in Bloomberg Law's Securities Regulation & Law Report TM - April 30, 2018.
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