ICO Token Purchasers May Be Entitled To A Refund

Law360, New York (November 15, 2017, 1:20 PM EST) -- Purchasing an investment is not like buying a pair of shoes at Zappos. You can’t return the investment for a refund if you don’t like the fit. That is, unless you bought tokens in an initial coin offering. ICO token purchasers may indeed have the right to a full refund, and perhaps even more. 

ICOs provide a virtual driver's ed film of possible securities law violations, raising legal questions and regulatory issues from every angle. Above all else, the federal securities laws apply to those who offer and sell securities in the U.S., regardless whether the issuing entity is a traditional company...

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