Here’s what happened to the cryptocurrencies that celebrities vouched for

We’re a full year and a half into cryptocurrency mania, and while the craze has calmed down, celebrities and companies alike are still coming out with partnerships with initial coin offerings and digital coins. Some celebrities have even made it their sole mission on tour, social media, and in panel discussions to promote digital coins.

Over the last year, dozens of celebrities have come out in support of cryptocurrency, whether it be their own coins or companies who have reached out to them. In fact, the trend of celebrities promoting cryptocurrency has gone so far that the US Securities and Exchange Commission created a fake ICO complete with its own set of celebrity endorsements. If you click buy on the page, it brings you to a lecture from the SEC, warning you, “a celebrity endorsement does not mean that an investment is legitimate or that it is appropriate for all investors.”

Actors, pro athletes, and other celebrities can provide a little-known cryptocurrency with…