Look if you really want to believe that the SEC calling up a US citizen has the same result as a defunct government trying to manage chaos while having no direct access to any infrastructure or people – be my guest.
Much more importanly – regulation by democratic governments is good in my opinion. I find all the scamming just sad and it should stop. Also ICOs are clearly securities, so just because you currently can, does not mean you should circumvent regs that save people from losing all their money to strangers. It is just my opinion though and fair if you have a different one.
The Venezuela parallel however does not hold.