Thailand’s SEC Warns Investors Against Unregistered ICO Investment Risk - page 2.

btc_angela

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Quote from: Herbert2020 on October 29, 2018, 01:56:55 AM

Quote from: Highpitched10 on October 29, 2018, 01:41:21 AM

This issue is now an overflogged one, it's no news to anyone that 95% of ICO's are scam, no user should even wait for the government to issue any warning or disclaimer before you stay away from them

unfortunately some people do actually need this type of warnings before they make any decisions because they are dumb enough to fall for the pretty front that the ICOs create for them to take their money. sometimes warnings like this can make then think twice before jumping in.

I agree. Sometimes government really needs to send out fair warnings to the public because there are a lot of gullible investors. Besides, government has the responsibility to there's nothing wrong with it. Crypto is growing and people need to be reminded not to fall for the trap.

Herbert2020

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Quote from: Highpitched10 on October 29, 2018, 01:41:21 AM

This issue is now an overflogged one, it's no news to anyone that 95% of ICO's are scam, no user should even wait for the government to issue any warning or disclaimer before you stay away from them

unfortunately some people do actually need this type of warnings before they make any decisions because they are dumb enough to fall for the pretty front that the ICOs create for them to take their money. sometimes warnings like this can make then think twice before jumping in.

Highpitched10

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This issue is now an overflogged one, it's no news to anyone that 95% of ICO's are scam, no user should even wait for the government to issue any warning or disclaimer before you stay away from them

If you really wanna invest,with at least lower risks,simply invest with the bitcoin and be patient
Lack of patience and greed is costing a lot of enthusiast as they keep falling prey to scam ICO projects...
Putting your money into a project thats not recognized,a project that's just seeking funds/crowd just shows desperation really and it's unhealthy

Nothing comes close to the bitcoin

Wingleness

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Thailand’s Securities and Exchange Commission (SEC) has issued a warning to investors against putting their money into initial coin offerings (ICOs) that are not recognized and authorized by the SEC. On Oct. 25, the Bangkok Post reported that the Thai market regulator has warned against investing in ICOs promoted through a plethora of online media, which the SEC has neither accredited nor acknowledged.

Scam ICO Advertisements on Social Media

The Thai SEC recently conducted an investigation after discovering that a number of unrecognized sales offering digital assets and cryptocurrencies were being advertised across social media platforms like Facebook and YouTube to Thai investors. The results of the investigation revealed the existence of nine such unregistered and unrecognized ICOs namely,

Every Coin, Orientum Coin (ORT Coin), OneCoin and OFC Coin, Tripxchain Coin (TXC Coin), TUC Coin, G2S Expert ICO, Singhcom Enterprise ICO, Adventure hostel Bangkok ICO, and Kidstocurrency ICO.

Source: https://cryptoslate.com/thailands-sec-warns-investors-against-unregistered-ico-investment-risk/

Topic: Thailand’s SEC Warns Investors Against Unregistered ICO Investment Risk - page 2. (Read 240 times)