Post
Topic
Board Altcoin Discussion
Re: Are those ico's with kyc safe to invest?
by
coinoberg
on 28/01/2018, 19:52:59 UTC

No ICO is safe no matter KYC or not.
Also any company that raise money without a strict KYC will never be able to cash it out in a bank in the regulated world.
Cashing out money out-of-nowhere is money laundering.


Agreed. The fact that an ICO is doing kyc verification does not mean anything. If project is scam, you'll be losing your money even after you are kyc verified. You better check the team, not if they are doing that verification.