Re: ICO SCAM worth $660 Million

Quote from: FindExchangeICO on April 16, 2018, 04:52:24 PM

How is that even possible..

A team of 7 behind the Pincoin Token & iFan just did what seems impossible. Through their private & public sale, they have raised an approximate of $660 million from around 32,000 investors, and then ran away. Shocked

What do you think will happen now to ICO's and cryptos in general? People will now be afraid to invest, and the legitimate projects will be left behind with nothing...

Sources:

1) https://techcrunch.com/2018/04/13/exit-scammers-run-off-with-660-million-in-ico-earnings/
2) https://www.coindesk.com/vietnam-investigates-ico-fraud-660-million-losses-reported/

I used to participate in some ico,s and then the project team all ran, so I lost a part of the money, so I will be very cautious after the selection of some ico project, not so rash.
There are too many scam in internet.