Security breaches, cryptocurrency scams and a high failure rate (almost half of the ICOs of 2017 have already failed) have created attention-grabbing headlines. Yet, tech companies and investors are still using the “crypto-route” to raise money.
Investments into ICOs, Source: Bloomberg and CoinDesk
But regulators are stepping in, convinced that more regulation will provide the necessary trust and security.
The SEC is reportedly investigating a number of ICOs
The SEC is getting up close and personal with companies that have raised ICOs, according to a new report. Citing…techcrunch.com