ICO

FXT token, an Ethereum-based token that recently completed its ICO, witnessed a remarkable 1,500% increase in its price in the first half of May.

March 16, 2021: FXT, the world’s leading trading technology platform running its ICO sale, is navigating towards becoming one of the successful ICOs. This is evident from the remarkable growth in its number of token holders.

One of the developments in blockchain is crowdfunding and Venture funding for startups. To raise funds effectively, one must understand the essence of the main tools for attracting investments.

While scammers take advantage of celebrities’ names without them knowing about this, some of the stars willingly take part in fraudulent projects. Thus, a famous US rapper known as T.I. agreed to pay a fine amounting to $75,000 for promoting a fraudulent ICO.

Steven Seagal will pay $314,000 to settle allegations of unlawful cryptocurrency advertising, the US Securities and Exchange Commission (SEC) said. In 2018, the actor on social networks urged people not to miss the opportunity to participate in the initial public offering of cryptocurrency (ICO) Bitcoiin2Gen (B2G).

Scammers and fraudsters have taken advantage of the potential of the token and rolled out a phony initial coin offering (ICO) for Libra via microblogging and social networking service Twitter.

The government authority of Italy responsible for regulating the securities market, Consob, recently established rules, definitions and criteria for cryptocurrency and initial coin offerings (ICO) in a document that defines the outcome of the public consultation. Consob has published on its official website the final report on the initial offers and exchanges of crypto-activities.

In the due course of searching for fake initial coin offerings (ICO), the United States Securities and Exchange Commission (US SEC), the authority in charge of monitoring and regulating electronic securities, has managed to charge another blockchain and distributed ledger tech (DLT) initiative with cheating a massive number of investors, to collect around $42 million.

These days, the Telegram social network does not provide good cataloging of channels and groups. That’s why it is difficult for users to find good telegram crypto groups.