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Chinese Exchanges Issue ICO Warnings Amid Death Penalty Panic by zeroshiki

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· @zeroshiki ·
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Chinese Exchanges Issue ICO Warnings Amid Death Penalty Panic
https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy80MmY4NjNjMmU5NzMyNjIwNDhkYTkxMTJmMmQwMTIxZC5qcGc=.jpg

Fraudulent ICO offerings have become a serious problem in China, with new concerns participants could even face death.

As local news source 8btc reports this week, the ICO phenomenon causing a sensation throughout the crypto world could have dire consequences for unwitting Chinese investors.

The portal cites two Chinese exchanges, which issued warnings distancing themselves from involvement with non-bonafide token sales.

While phrased as useful insights for potential investors, the notices also serve to reiterate their status as fully above board in terms of regulation adherence.

Read more here: https://cointelegraph.com/news/chinese-exchanges-issue-ico-warnings-amid-death-penalty-panic
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vote details (22)
@bolang ·
Very good issue
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@zachsteven ·
ICO has been a major concern lately might be a risky move now
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