RE: Is Ethereum a scam and are Ethers unregistered securities? Fiduciary Duty Attorney Jason Seibert weighs in

[juvyjabian]

What is the consequences if etherium is truly not registered and unlicensed?

Comments

[dana-edwards]

Well, if you're a multi-millionaire from launching Ethereum then I guess being rich is the consequence. Beyond that, I don't see any other obvious consequences to the founders.

[juvyjabian]

I thought holdings will be forfeited

[dana-edwards]

I am not sure what you mean.

[juvyjabian]

I thought the etherium that are own by people will be forfeited in case... will be out of value.