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SEC sets up a fake ICO to warn naive investors against cryptocurrency scams

4 monthes ago   |   By The Next Web

The US Securities and Exchange Commission has come up with a creative way to educate naive investors against fake initial coin offerings. On May 16, the government agency announced a brand new cryptocurrency, HoweyCoin, which promises to revolutionize the luxury travel industry. But here is the catch: the project was intentionally depicted as a blatant scam. The SEC has an opportunity you won't want to miss: ACT NOW! - SEC News May 16, 2018 The HoweyCoin website is filled with all the signs of a rushed-up ICO that has been devised specially for an exit scam. This includes a...
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SEC launches spoof cryptocurrency ICO scam website

SEC launches spoof cryptocurrency ICO scam website

4 monthes ago   |   By ZDnet

The US agency's eerie Initial Coin Offering domain is designed to educate investors about the risks of ICOs.
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