ICOs Are Dead But ICO Scammers Are Immortal

The initial coin offering may have all but died, but the ICO scammer marches on regardless. Whereas legitimate projects have to wrangle with all kinds of challenges including the strength of the market, generating value for investors, creating a real product and actually delivering on the promises they make, the soulless scammer is unencumbered by technical constraints, work ethic or any sense of decency.

Also read: Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary

How Do You Kill That Which Has No Life?

Much like the humble cockroach, there are few conditions in which the ICO scammer cannot operate. Even with peak ICO and token mania well behind us, scammers persist. There are a few things guaranteed to make scammers scatter, however, including legal action, regulatory enforcement, and of course, unwanted press. The following ICOs have all been branded scams, despite their orchestrators noisily protesting their innocence.

Karat Gets…