For a controlling entity to limit participation by creating a state like "accredited" is saying "we know what is best for you, just trust us to make your decisions..."
Controlling who can invest under the guise of protection is a problem that will continue while we remain complacent. I wouldn't presume to say that everyone knows what is in their best interest but I don't need or want a nanny.
RE: Bitfinex Dumps US Customers for Gov Overreach: