No need for that. In a nutshell: the ICO was public indeed (not hyped tho') and lasted for a month. OP missed it, then he asked for a second ICO. CFB refused that and since then Cryptohunter thinks it's a scam. He might or might no right, but AFAIK the IOTA guys put some work into the coin and came up with some real life applications/prototypes, I tend to believe he's wrong on this.

BTW probably it isn't a good investment right now for someone who looking for significant price rise in a short term.

Statement: I have zero (i.e. 0) IOTA, and not planning to change this, so no shilling here.