Earlier quoted context omitted.
> What is the crime here? Offering unregistered securities, in apparent violation of the Securities Exchange Act. It's astounding how people think they can skirt the law without even familiarizing themselves with the law.
Crypto didn't exist when securities laws were created.
Just like your house didn't exist when laws against breaking into it were created. I'm not sure what the aim of your comment is, but what it appears to demonstrate is ignorance of the law. Rather ironic given what you were directly responding to.