Thank you. I have heard that older chains are exempt somehow?
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I doubt that, but even if true, each new update or fork is argued to be a completely new network if I understand OP's logic correctly.
There are no exemptions, at least in any filings made in US courts, as long as the crypto has value it is held to the same rules applied to fiat, meaning if you lose your value over deceptive/illegal practices you can file suit for losses/damages.