ICOs 

ICO Scams | FBI Attempts to Educate Investors on ICO Red Flags

The United State Federal Bureau of Investigation (FBI) has taken it upon itself to educate investors on ICO scams. The Bureau didn’t release an official statement, however, the news was shared in an interview with The Paypers this morning. ICO Scams with the FBI The investigator being questioned in the interview remains unknown at this time, but the answers are said to reflect the Bureau as a whole. According to the FBI, there are several key things to look out for to tell if an ICO is a scam. The first…

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Are 80% of ICOs Scams?

Back on March 21st, Sherwin Dowlat posted an article via Medium titled “ICO Quality: Development & Trading.” Dowlat is a researcher, apart from the Static Group LLC that bills itself as an “ICO Advisory firm” based out of New York. Along with his partner, Michael Hodapp, they have constructed a rubric for how ICOs can be classified and ranked. The ICOs are broken down into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, and Successful. I don’t quite understand the reason for the six, but there are six groups, none-the-less. Let’s…

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80% ICO Scams | Statis Group Releases Study on ICOs in 2017

ICO scams: The ICO advisory firm, Statis Group, just announced its recent study that showed that nearly 80 percent of initial coin offerings (ICOs) held in 2017 were scams. The study took into account the lifecycle of ICOs, from the initial proposal of sale to the most mature phase of trading on a cryptocurrency exchange. The study found: “On the basis of the above classification, as a percentage of the total number of ICOs, we found that approximately 78% of ICO’s were Identified Scams, ~4% Failed, ~3% had Gone Dead, and ~15% went…

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