[DennisP]

So I see CoinList uses AngelList, which I think verifies accreditation via financial accounts.

From what I've read, the SEC doesn't mandate any particular method to verify net worth. In this space, wouldn't it make sense to accept a signature proving ownership of a large ETH balance?

[maehwasu]

Doesn't help--could just have your wealthy friend sign for you.

[zachsnow]

Your wealthy friend could also loan you 1M for a bank statement. There must be trust of some kind, no?

[Fej]

I believe that most people are wary of defrauding the United States government. It tends to throw the book at you when you do that.

[joshuaxls]

Yes, we accept cryptographic proof of ownership for accreditation purposes.

[modeless]

How? On angel.co's accreditation form I only see a place to upload a single file containing one bank/brokerage statement. It says nothing about cryptographic proof of ownership, or even about providing multiple documents.

[chejazi]

I think he meant "proof of crypto ownership" and not "cryptographic proof of ownership". So probably a screenshot of your balance on an exchange.

[DennisP]

Generally, people with large crypto holdings do not keep most of it on exchanges, and certainly not on a single exchange.