The SEC has said that cryptocurrency coins sold in initial coin offerings (ICOs) may be considered securities and subject to federal securities laws.
source https://www.google.com/url?rct=j&sa=t&url=https://www.newschannel5.com/news/national/dj-khaled-floyd-mayweather-jr-charged-with-promoting-cryptocurrency&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNEYkbhE4cvvxVMfl8UsHa0MRYPD6A
