ICO risk
Two recent notices from SEC
https://www.sec.gov/oiea/investor-alerts-and-bulletins/ia_icorelatedclaims
https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_coinofferings
I was recently approached by few companies operating in healthcare and education to seek information about how to raise money thru ICO. This just got me back to memories of dotcom days when it was fairly easy to raise money just with a company proposal and no real products.Infact you could even list the company in public markets and we all know how it all turned out!!
The ICO craze seems to go there and probably taking down even the good players.
Question is not if but when!!! better watchout your capital!!!
https://venturebeat.com/2017/08/29/the-risks-of-putting-your-money-into-initial-coin-offerings/2/
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