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ICO Scams

An Initial Coin Offerings (ICO) is an unregulated means of crowdfunding via use of cryptocurrency, which can be a source of capital for startup companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin. Since ICOs are unregulated, scammers have free rein to tell you anything to get your money. Don't let these scammers take advantage of you.
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The Salty Droid vs Herbalife

The Salty Droid aka Jason Jones has recently gone to court on behalf of victims of the Herbalife scam: JEFF RODGERS, PATRICIA RODGERS, MICHAEL LAVIGNE, JENNIFER LAVIGNE, CODY PYLE, JENNIFER RIBALTA, IZAAR VALDEZ, and FELIX VALDEZ. The Salty Droid has a long history as a scam buster and has taken on the Herbalife scam with satire for many years.  Now he and Mark Migdal & Hayden are taking them on in court.
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SwisCoin Scam Shutdown In Ukraine

There is a continuous stream of scam cryptocurrencies that are being created and promoted to people.  One of them has just been shutdown in Ukraine. The Prosecutor General's Office together with the National Police uncovered an illegal scheme aimed at taking funds of individuals under the pretext of the introduction of a cryptocurrency.
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Work At Home University Scam Shutdown By FTC

It’s hard to pass up a job opportunity that promises a large income and the flexibility of working entirely from home. Especially when the opportunity appears at the top of your online search results and includes video testimonials of success stories, making it seem legitimate. The problem is, most of these job opportunities are scams and won’t deliver on their promises.
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Questra World/Atlantic Global Asset Management Promotion Suspended In Italy

On July 20, 2017 the Italian CONSOB (Commissione Nazionale per le Società e la Borsa) or Italian Securities and Exchange Commission, suspended promotion of Questra World/Atlantic Global Asset Management from one of the top Facebook pages promoting this scam.  This is similar to the action they took against another scam called Coinspace.  CONSOB is taking an active role in shutting down the promotion of unregistered investments in Italy.
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