The Wall Street Journal has carried out an exhaustive study on 1,450 ICO sites and found that nearly 271 of them are scammed. They were promoted by assuring â€˜no risk returns, extremely high percentage returns, and celebrity endorsements.â€™ It is revealed by the SEC that $12 billion was raised through ICOs since 2017. The journal also detailed on Denaro project.
Wall Street Journal: Identifies 271 ICO scamsIncryptsMay 18, 20180
Feb 18, 2020
Feb 13, 2020