Remember the real Wolf of Wall Street Jordan Belfort? He was responsible for several financial frauds himself in the past. Now Belfort is a public speaker and one of the most vocal critics of cryptocurrencies. He has repeatedly criticized Bitcoin for being a bubble and ICOs for being scams. Recently, speaking on CNN Live, he stated that Bitcoin now poses a “huge danger.”

Belfort states that although Bitcoin futures are regulated, the underlying asset is completely unregulated. This leads to the appearance of copycat cryptocurrencies that use Bitcoin’s popularity for their own gains. This is usually done in the form of pump & dump schemes, but on a massive level. He reiterated his earlier words that Bitcoin is a bubble and said the virtual gold may still grow some more before it collapses.

More: https://dowbit.com/jordan-belfort-bitcoin-is-now-a-huge-danger/