So Are Tokens Securities? And Are We Breaking The Law?

What does it mean if you participated in any ICOs before the SEC guidelines? What does it mean if you continue to participate in ICOs? What does it mean if you own any tokens at all?

Are we all guilty by association by holding tokens? and by contributing to ICOs? Are the SEC guidelines implying we are guilty either way no matter when or how we contributed to ICOs? Or what the SEC guidelines really mean? It seems that creating an ICO, contributing to one, and selling or buying the tokens after the ICOs is illegal.

I hope this short blog was educational and helpful.
Have a read at the article in the link below and let me know what your guys think.
https://www.coindesk.com/tokens-can-be-securities-even-ico-advisors-agree-with-the-sec/

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