[paulie_a]

If the ICO is US based and not complying with the law it is not honest.

[komaromy]

How far does that go? If an Uber driver goes over the speed limit on the highway, are they not honest?

[lovich]

Legitimately yes they are being dishonest. When you get a license you are telling the government you know the laws and will abide by them.

Whether a law that nearly 100% of the population ends up violating is a good law is a different discussion.