Centra Tech, a widely advertised ICO had it's co-founder arrested after they were trying to escape the country with collected funds.
They were successful in raising 32 millions by claiming to offer a variety of financial products, including a debit card backed by Visa and MasterCard, with which users could instantly convert cryptocurrencies into US dollars and other legal tender.
Floyd Mayweather had previously endorsed the ICO, probably a paid job.
thats ridiculous
but many gimmicks do that nowadays,
people that take cryptocapitalism serious and have to skill to do that are rare.
lots of short term profit oriented people, but in the end their current assumption that the us dollar stays stable will fall.
sometimes i feel like a lone wolf in this industry.