The Big ICO Swindle

I really appreciate the authoring adding this bit at the bottom. Sounds like a person of integrity and honor:

>”Note on conflict of interests: When I helped found the MIT Media Lab Digital Currency Initiative, I sold my shares in all blockchain and bitcoin related companies and have not invested in any companies engaging in cryptocurrencies as their primary activity. I do not hold any material amount of any cryptocurrency. I believe that in the current phase of our work, it is important for me to be clear of any conflicts of interest. You can see a more complete conflict of interest disclosure on my website.”

The worst part about all these scams is that they seem to be generally perpetuated by (or at least the owners are) somewhat older people, lots of baby boomers and gen Xers, and invariably the people buying in are millennials or even younger.

It's a real shame to see so many scams along the various crypto chains transferring so much wealth from the young to the old. Like millennials haven't had it bad enough already.