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Another #ICO ‘exit scam’ steals $660M from Vietnam’s investors
Another #ICO ‘exit scam’ steals $660M from Vietnam’s investors
This is staggering for a country where per capita GDP is $2,185 / year
https://www.digitaltrends.com/computing/modern-tech-accused-ico-investment-theft/
An Overview of the SEC’s Position on Cryptocurrencies
ICOs are still rolling out fast, mostly to get their offering dealt with before there are any major regulatory shifts within the cryptocurrency market.
Two weeks ago, the ICO compliance law firm known as Gresham International received a communications login from the SEC. This means they can communicate securely with the commission on matters concerning ICOs.
While the discussions are subject to confidentiality, there are a number of things that are clear which can be shared generally.
See full list ...
https://cryptoslate.com/sec-cryptocurrencies-overview/
Big Four Consulting Firms Dip a Toe in Initial Coin Offerings
In recent months, the largest accounting firms have started -- albeit cautiously -- offering services specializing in the risky market for ICOs.
Read more ...
A $675 Million Deal to Purchase the Plaza With an Initial Coin Offering (#ICO) Is Tanking
The deal was being spearheaded by a group of foreign investors called the Chimera group, CNBC reported, who brought in ICO platform Securitize to advise them on how the deal would function. In addition to getting in on real estate, CNBC said owning a “Plaza Token” would allow for “certain concessions inside the Plaza Hotel.”
Read the full article ...
https://gizmodo.com/a-675-million-deal-to-purchase-a-famous-new-york-hotel-1825094598
John McAfee charges $105,000 per tweet to promote your #ICO
Froth or value for the money?
“Individual tweets, whether created in Mr. McAfee’s voice or by the company whose products we are promoting, cost $105,000 per tweet,” writes the McAfee Crypto Team.