Floyd Mayweather-Backed ICO Co-Founders Arrested for Fraud

News Bitcoin Tue, 3 Apr 2018

In what is turning into a real cautionary tale for the cryptocurrency community about the need to be wary of celebrity’s power, along with skepticism about most initial coin offerings (ICOs), the US Securities and Exchange Commission (SEC) announced an ICO endorsed by champion boxer Floyd Mayweather has officially been deemed a fraud. Also read: Trezor […] The post Floyd Mayweather-Backed ICO Co-Founders Arrested for Fraud appeared first on Bitcoin News.