The blanket ban imposed by the South Korea government on ICOs has led to a local startup taking the South Korean government to court. Presto a South Korean blockchain firm is going to court to file a constitutional appeal. Furthermore according to Presto since the ban the government has done absolutely nothing to offer guidance…
The exponential growth of the ICO sector from raising a mere $100 million in 2016 to raising $22 billion in 2018 has not been a smooth growth. The growth has been mannered with fraudsters who end up walking away with investor’s money. With some of these ICO investors coming from the US and other countries…
ICO organizers are upgrading their marketing strategy and are turning to celebrities to call onto their fans to invest in their ICOs. For Centra Tech they paid boxing champ Floyd Mayweather Jr and music producer DJ Khaled to promoter their ICO to their fans, but the ICO ended up to be a sham. With the…
An ICO conducted by Cryptocurrency Mining Firm Envion AG has led to the Cantonal Court in Switzerland to order for its liquidation after the founders disagreed and ran to the court for assistance. Envion AG was a mining firm that was crafted out of an idea of mining cryptocurrency on mobile trailers mining units through…
