We’ve all seen the headlines. Dive deeper into the world of digital currency and there’s a decidedly seedy layer lurking underneath. We’re talking about drug barons and tax evaders, cybercriminals, and rogue miners. And if that weren’t enough, you have to make sure you don’t fall victim to ICO scams as well.
If you can stay out of the path of the hackers, phishers, and digital thieves costing the industry around $ 9 million a day, you’re lucky. But there are plenty of others who’ve placed their bets on the wrong horse. An ICO advisory company, the Satis Group, has revealed some pretty eye-opening statistics. 80 percent of all ICOs are scams.