ICO Scams Statistics – The Biggest One Scammed $3.45bn
Although initial coin offerings (ICOs) can be profitable for start-ups seeking funding, they are not without their disadvantages. Investors often face risks due to the lack of regulation. In 2021, for instance, BitConnect, an offshore cryptocurrency lending program, had already scammed its investors out of over $3 billion. The company promised a 40% return on … Read more