Beware ICO Scams
February 26, 2018 Leave a comment
Today the vast majority of people would find it hard to explain what block-chain, cryptocurrency, initial coin offers (icos) etc. really are. But all of them probably have read at least one media story of instant fortunes having something to do with such buzz words and quite a few people are eager to try their luck at making their own fortune.
Ignorance and greed is a deadly combination and a whole world of scamsters have jumped in to rip0ff people. Not only is the internet full of ads for initial coin offers but scam artists have bought their way into the pages of mainstream financial papers in India to talk about the success of their icos in other countries, including places like Panama.
Of all the ICOs world-wide last year, its believed that over 60% of the businesses have simply disappeared by early this year.
Its truly easy to run an ICO scam. All scamsters have to do is : Read more of this post