Since there is no insider trading regulation, my coworkers frequently purchased tokens when they're about to release good news and sold when they had bad news.My ICO company didn't sell their ICO funds and lost 90% of their $10m+ raised and had to lay off most of the team. They still haven't announced to their followers that most of the team was laid off.My ICO company founder used the funds to do all kinds of stupid shit including wasting money on unnecessary parties, paying for a spouse's expenses.My ICO company founder never built software in her life - just had a nice resume from non-software companies before. What do you know? She didn't magically know how to manage a software company after she got the ICO money.My ICO company promised the world during the ICO but had no experience and no expertise to actually build the vision.My ICO company listed 20 advisors during the ICO, they didn't advise shit and didn't help us at all at developing the product.My ICO company spent a ton of resources on a secret product that only benefited the founder of the company - not the token holders/investors.I'm honestly surprised people are still buying/hodling shit ICO tokens. 99.9% of them will never amount to anything.
Submitted March 05, 2019 at 07:40PM
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