[ExI] Initial Coin Offerings Horrify a Former S.E.C. Regulator

Stathis Papaioannou stathisp at gmail.com
Wed Nov 29 07:53:24 UTC 2017

On 29 November 2017 at 16:46, Adrian Tymes <atymes at gmail.com> wrote:

> https://www.nytimes.com/2017/11/26/business/initial-coin-
> offering-critic.html
> Jeff, and anyone else involved in ICOs: your thoughts?

There are no rules at all. The underlying projects are often very vaguely
described, there is often little prospect for profit even if the project
succeeds, and even if there is profit the holders of the coins are not
usually entitled to any of it.

Stathis Papaioannou
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