Your Daily Crypto News on Steemit September 25, 2017
danyelk (62) in news • 2 months ago
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Josh Brown: ICOs offer a Platform for Fraud!
Korean Exchange CoinNest lists NEO!
Why Public Institutions should work with Blockchain!
Crypto Markets are also closing in Shanghai!
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Josh Brown, asset manager and so-called Bitcoin Bull, has said in his new blog post some hard words about Initial Coin Offerings (ICOs): In his opinion, the financing model is a point "where the frauds will take place".
In his reformed broker blog, Brown repeated his position on ICO's . He also comments on the statements of West Loop Partners Jeff Carter who said "I am calling bullshit on the ICO craze".
Josh Brown writes:
He justifies this as follows: ICO-derived tokens offer no more than unregistered securities because, unlike some crypto currencies, they can only be used in conjunction with a particular app or platform.
Josh Brown very critical
Brown also said: