Breaking the law is breaking the law.
But whilst the SEC are targeting any & all cryptos, the EU , the WMF & BIS are promoting national currencies & National ID's on the blockchain.
It would seem that the banking cartel are in 'take over' mode, using ruglation to slap down anyone not on their payroll.
Time will tell
https://www.ccn.com/sec-slaps-crypto-firm-with-50000-fine-for-selling-unregistered-securities/