Why is the market suddenly pumping again? Is the insider trading hype back? The SEC just opened the door for ICOs, though it’s 8 years late. The new rules propose allowing projects to raise up to $75M within 12 months without full registration, split into two tiers: - $20M: No need for audited financials - $75M: Requires audits and ongoing disclosures, with related parties capped at $22.5M Good news: Retail investors in the U.S. finally have a legal way to participate in primary markets. Bad news: Are there even any viable primary markets left for retail investors now? How many people are still willing to join ICOs these days?