From my digging around the reason that its listed on an exchange that won't accept US deposits could be due some legacy legal issues regarding a person of interest to the US securities and exchange commission who was involved in the ternary jinn hardware partnership.
I would love the devolpers to be totally open as to their reasons rather than leaving big gaps in the narrative. I would love to see more information on the Jinn ASIC.
In crypto there has always been a trade of between, security, scaleability and speed. IOTA claims to have solved all of this - and I'm an investor - but I would like to see much more openess about the decision to launch primarily on bitfinex (following its major hack it would off been well down my list of potential exchanges)
I would also like to see technical drawings of an ASIC, the technology behind 'snapshoting' and how it achieves everything it claims with a tiny footprint, 2048bytes, ultra low wattage and NSA grade encryption.
I don't mean to say that havn't achieved it! I just mean there are gaps in the narrative. Nobody expects them to be squeaky clean, nobody is obligated to get involved! But as a non-profit, declining to providing adequate answer fundamental questions is kind of annoying.