Authored by Simon Black via SovereignMan.com,
The Securities and Exchange Commission clamped down on cryptocurrency firms last week in a major way.
The regulatory body issued dozens of subpoenas (some groups estimate more than one hundred) to companies that conducted or advised on initial coin offerings (ICOs).
Notes readers aren’t surprised, as I’ve long warned that the scammy ICO market is one of the biggest bubbles I’ve ever seen.
Before discussing the fraudulent nature of the space, a bit of background on ICOs…
http://www.zerohedge.com/news/2018-03-07/nearly-half-all-icos-last-year-have-already-failed-and-thats-good-thing?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.