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RE: Are you a US Citizen Excited About the Upcoming EOS Token Distribution? I Have Some Terrible News For You.

in #eos7 years ago

I know absolutely nothing about compliance. It seems to me that it is not illegal for a US citizen to purchase but may potentially be illegal for them to sell to a US citizen.

Yes VPN's will help and it looks like its just a matter of confirming via the check box form that you are not a US citizen.

Also when they hit the exchanges all bets are off and anyone can buy.

On another note it was interesting to see the CIVIC ICO did not have these restrictions. It could be because you needed to download there ID veritfication app to participate. The app did a light weight AML/KYC to every ICO investor. Maybe they figured that this was sufficient to stay compliant.

Interesting times ahead.

FTW I'm going YOLO!

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Yep. Total KYC/AML stuff here, which is why I'm also thinking the language is being very careful to identify this is in no way a speculative investment.

Best to you in YOLO town!