During the last few years, a total amount of US$ 30 billion has been spent for the acquisition of digital tokens under a so-called initial coin offering or token generating event. As of today, the vast majority of ICO projects have questionable roadmaps and long-term procedures. Just a few tokens represent feasible applications of the blockchain.
Companies selling new tokens or coins through ICOs to investors are taking a calculated risk. While U.S. regulators seem to take the most aggressive approach, other jurisdictions follow. Regulatory noncompliance is the moist easy starting point to ask for a refund of ICO proceeds. However, other legal arguments and procedure are possible as well. Most ICO buyers regret their investment. Therefore, 2019 will be the year of ICO litigation.