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RE: The risk with Initial Coin Offering (ICO)

in #bitcoin8 years ago

ICOs are a new gray area in finance that comes with probably more risk than upside in most cases. So easy for scammers to issue a new token and run away with the proceeds. Unlike the IPO equity counterpart in traditional finance, ICOs come with no legal claim to ownership, so you're truly at the whim of the issuer.

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