For most U.S. citizens, participating in Initial Coin Offerings (ICOs) is unless the project specifically complies with strict federal securities laws .
The SEC uses the to determine if a crypto token is an "investment contract" (a security). If it is a security, the issuer must: can us citizens buy icos
: Often, they can only sell to accredited investors . 2. Who Can Legally Participate? For most U
: A process that is extremely expensive and time-consuming. For most U.S. citizens
: Providing detailed financial and management information.
: At least $200,000 annually (or $300,000 with a spouse) for the past two years.
Participation is typically limited to "Accredited Investors" who meet specific wealth or income thresholds: