Finally I found someone with enough guts to address this issue. There are so many dodgy crypto specialists operating in many click-bait crypto websites. Thus why it is important to do self-study before taking any crypto advice especially from some self-declared crypto gurus out there.
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Thank you for your kind words. I have simply observed that there is huge hype in the cryptocurrency space. Some ICO initiators are guaranteeing hefty returns and are acting as if they have deliverables when in fact they cannot prove that they do. It is entirely understandable that regulators are arriving in force to police the bad actors.