SEC Launches Mock Website to Highlight ICO Risks

Moderator: moderators
rank: 10000+ posts
rank: 10000+ posts
Posts: 27604
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

SEC Launches Mock Website to Highlight ICO Risks

Postby » Tue May 15, 2018 6:51 pm

The Securities and Exchange Commission (SEC) is out with a new idea to ‎highlight the risks of the booming ICOs market, which has grown rapidly with ‎estimates topping $4 billion in token sales in 2017 alone. ‎

The SEC’s Office of Investor Education and Advocacy (OIEA) has created a bogus ‎initial coin offering (ICO) website that advertises a ‘too good to be’ true ‎investment opportunity. The regulator said it wants to explain that as with ‎many other hyped markets, scammers are never far behind in trying ‎to take advantage of cryptocurrency-based schemes.‎

The fictitious‏ ‏site,, shows many sales tactics in which ... (read more)

Please add to your ad blocker white list.
Thank you for your support.

Return to “news”