The last person who tried a bitcoin based IPO outside of established legal frameworks and existing stock exchanges ended up having to renounce his citizenship,

The last person who tried a bitcoin based IPO outside of established legal frameworks and existing stock exchanges ended up having to renounce his citizenship, move to panama and was fined by the SEC http://www.satoshidice.com http://www.satoshidice.com http://en.wikipedia.org/wiki/Erik_Voorhees http://en.wikipedia.org/wiki/Erik_Voorhees https://www.sec.gov/litigation/admin/2014/33-9592.pdf https://www.sec.gov/litigation/admin/2014/33-9592.pdf