It's hard to predict consequences of creeping legal decisions, but I think it's a stretch for this to reach into ICOs in any broad sense.
This "Traffic Monsoon" is another twist on these famous Utah scams. Really brash, slippery and unscrupulous bastards. I find it hard to blame the feds too much for doing all they can to take them down.
I think the writers stretch things a bit, but we'll see.