Incognito doesn’t run an ICO, don’t sell tokens, it’s even NOT an ICO agency.
Incognito is a decentralized protocol and people can use it even if we don’t want them to use. More likely projects which will do fundraising should take care of legal part of it.
I haven’t heard that Vitalik has any problems because of thousands of ICOs happen on Ethereum.
I got what you mean, that it we will sit quite there will be less attention, but why do you think regulators may come to me if someone run it on our chan ?