Crypto lawyer Jake Chervinsky spoke with Bitcoin Magazine to hash out what the U.

Crypto lawyer Jake Chervinsky spoke with Bitcoin Magazine to hash out what the U.S. Securities and Exchange Commission’s recent enforcement against initial coin offerings and related services means for the crypto industry going forward, and what the term “guidance by enforcement” encompasses.

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Bitcoinmagazine.Com
“Enforcement by Guidance”: How the SEC Is Slowly Shaping ICO Regulation
Many ICOs have attempted to evade the SEC’s scrutiny by self-labeling their products as utility tokens. So far, the SEC doesn't seem to be buying the distinction.