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Why Advisors Have a Key Role in Filtering Viable ICO Projects

  By David Drake   Last month, the cryptocurrency community took to Twitter, demanding that the social media giant takes action against the rising number of cryptocurrency fraud being propagated on social media. This followed an Ethereum giveaway scam that saw Twitter users get ¬†donation requests. In these requests, Twitter users were asked to donate Ethereum to a specified address and in return, they would receive a multiplied amount. In this scam, scammers got away with millions of dollars worth of Ethereum. The cryptocurrency community was concerned that Twitter was rather slow in its response to those accounts that were being used to propagate this scam. Nothing New Scams are not new to the cryptocurrency space and they continue to plague the cryptocurrency industry. According to Chris Butler, CEO at URAllowance, they have become common because the cryptocurrency industry has created value in high volumes within a short time. He ... Read More »

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