US CFTC raises concerns over ICO utility tokens

ICO utility tokens

The US Commodity Futures Trading Commission (CFTC) has raised concerns over the issuance of ‘utility tokens’ during the ICOs. The CFTC has warned the public to conduct serious research before investing in the crypto related project. The CFTC quoted, “Unfortunately, Fraud is another significant consent. Your best protection is to thoroughly research digital coins or tokens and exercise caution.”

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