SEC Chairman Urges Cryptocurrency Investors to Exercise Caution, Says Most ICOs Are Securities

After months of tension over what, if anything, the Securities and Exchange Commission was planning to do about cryptocurrencies and the billions of dollars people have sunk into initial coin offerings—a form of barely regulated investment vehicle in which investors trade real cash for tokens in crypto-backed…

Initial Coin Offering-Backed Startup Confido Goes Dark After Getting $374,000 From Investors

A few weeks ago, Jordan Belfort—the notorious “Wolf of Wall Street” and convicted financial scam artist—warned the entire internet not to get into sketchy cryptocurrency-backed startups. Specifically, he warned that initial coin offerings, a form of almost completely unregulated investment vehicle where crypto-backed…

Guy Who Ran Really, Really Huge Scam Warns ICOs Are the "Biggest Scam Ever"

A hustler knows a hustle. So if you have ever considered sinking money into an initial coin offering—a complicated, barely regulated, and booming new form of financial vehicle where startups offer investors stakes in “new” cryptocurrencies rather than traditional stock—it might be a good idea to listen to what one of…