ICO Wrap – Initial Coin/Token Offering News Summary for May 23, 2018br>
Initial Coin Offerings (ICOs) are growing every day. In 2018 alone, there have been over 615 ICOs, raising an astounding $3.9 billon. While cryptocurrency still may be an unregulated space, investments in it can be quite lucrative. Because of this, there are important things every investor should look out for when vetting a potential ICO opportunity to ensure their capital is being used for the intended purpose.
The South Carolina Attorney General’s Office has issued a cease and desist order against blockchain startup ShipChain for allegedly violating the state’s securities statutes.