Re:SEC Charges Kik With Conducting $100M Unregistered ICO
by Nursie on Tuesday June 04, 2019 @01:37PM
(#20097313)
>Doesn't this throw up all the red flags of a scam ICO?
AFAICT many/most ICOs operated like this. Not all, certainly but the "raise money through hype about future values, with products far off or non-existant" model appeared to be the dominant one in '17 and '18.
AFAICT many/most ICOs operated like this. Not all, certainly but the "raise money through hype about future values, with products far off or non-existant" model appeared to be the dominant one in '17 and '18.