What are the reasons for the low trust in ICOs and why does the SEC have to constantly monitor, track and enforce legal sanctions on ICOs? While the SEC executives themselves give the answers to these questions, some people in the market who claim that not good enough answers are given think that the SEC’s involvement in ICOs is not within their authority. they are seen as an investment tool, and to date, only the SEC has been able to take comprehensive steps in the world in detecting and preventing the malicious frauds of ICOs. different and this is because managers” ICOs can be a threat to anyone. While investing in an ICO, people should invest knowing that it may not be reversible, but we have to ensure security with the information we have by making audits on this issue. It is necessary to oversee ICOs for both governments and people.” They reply by saying.
Although it is not possible to audit in a short time for ICOs, SEC can complete their audits in the USA in just a few days and within a few days, according to the results of the ICO audit it can move. Legally, they have the right to intervene in ICOs that are under the authority of the SEC, and they exercise this right. As a control mechanism, preventing, warning and penalizing ICOs in a different way is considered as a measure to prevent possible fraudulent activities in the future.