What does this mean for the non-crypto audience?
Or to be frank - the messsage to the non-crypto audience is this:"Yet again, the crypto guys seem to be scamming each other, stay the hell away".
Here the co-founder explains how to buy more than the agreed maximum per holder, by simply creating multiple accounts to buy them. The founder actively encourages fraud and does it on record.
https://www.coindesk.com/markets/2020/07/11/sale-of-the-cent...
It's a mystery why the SEC hasn't torn them apart.