Why You Can’t Help Falling for ICO Scams (And What to Do About It)765.27

Lost in the excitement and ongoing momentum of the ICO craze is the fact that, despite the crowdfunding model’s enormous potential, we’re still surrounded by risks.

To date, there have been thousands of ICOs and token sales, and although many go off without a hitch or shock, there have been a shocking number of ICOs that end in investors losing their money. Sometimes, ICOs themselves are fraudulent, and they’re designed to steal users’ money. These scam ICOs have become a large problem, but the heavier regulation and oversight from most governments will likely curb them to a degree.

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