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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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11955723 No.11955723 [Reply] [Original]

when were you when ICO dies?

i was sat at home shitposting /biz/ when SEC rings

‘ICO is kill’

‘no’

>> No.11955897

>>11955723
Are they gonna have to pay fines or something? And what happens if the ICO babkrupts people? I dont get it.

>> No.11956135
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11956135

>>11955897
https://mashable.com/article/mayweather-dj-khaled-fined-sec-ico/#vg5PFxz6fsqw

> Mayweather, who neither admitted nor denied the SEC findings, agreed to pay $614,775 in a combination of penalties, disgorgement, and interest. DJ Khaled also didn't cop to the SEC's claims, but still agreed to pay $152,725.

So it looks like mayweather got paid 300k and had to pay 600k, and DJ Khaled got paid 50k and had to pay 150k.

Hopefully /biz/ feels better about their loses, these guys literally went negative 100% and negative 200% on crypto.

>> No.11956154

Also looks like the people behind that ICO were vanned right after

https://mashable.com/2018/04/03/centra-co-founders-arrested/#ko2CRqMhpgq3

> The charges boil down to Sharma and Farkas making promises to investors that were completely unfounded, including offering a debit card backed by Visa and MasterCard, even though they had no relationship with either company. Furthermore the SEC alleges that the two "created fictional executives with impressive biographies, posted false or misleading marketing materials to Centra’s website, and paid celebrities to tout the ICO on social media."

>> No.11956164

>>11955723
theyll just pay fines and flip on the people since they werent the masterminds behind the project.
That said this is going to make a great movie one day though
i hope the rat fuckers who won link and request get nailed to the cross though

>> No.11956182

>>11955723
>no mention of The Game
Does that mean Paragon is legit?

>> No.11956185

>>11956154
alot of this shit happened during 2001 tech crisis.
Company heads got charged or arrested for making shitty claim on returns or milking investors out of money
the question among the dying crypto stocks is who is the $1 stock of amazon in crypto now

>> No.11956204
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11956204

>>11956164
I did some research and looks like they had to pay back 2x and in khaled's case 3X of what they were paid. Ouch.
>>11956135

>> No.11956221
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11956221

>>11956182
Other articles mentioned jamie foxx, luis suarez (the biter), and paris hilton. do you have anything about the game? Or did I just lose?
>>11956185
> TFW invested in pets.com and theglobe.com

>> No.11956449

>>11956135
Makes me feel stupid I didnt start my own ICO scam seems like easy money
>>11956164
I cant wait to see bitcoin the movie

>> No.11956456

>>11955723
abolish the sec.

>> No.11956777

>>11956221
>>11956204

the good news is i think we have officially reached the bottom of crypto when shit like this happens. Because normies dont want to talk about it and celebs dont want to be associated with it which is usually when the big guys start accumulating positions.
the question is what though. I just see a sea of absolute shit.

the only coins i do like and may have a shot are
monero
zcash
civic
nano
ark
bitshares
waves
coss

all functional coins

>> No.11956811
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11956811

>>11956777
There is only one answer. Profit or loss, chainlink has the best memes. Also nice trips

>> No.11956812

>>11956777
>no xrp
sub 60 IQ confirmed

>> No.11956825

>>11956777
This post is bait.

>> No.11956830

>>11956811
>forced pajeet memes are the best
wrong. My condolences for being a successful victim of a low energy pajeet shill campaign

>> No.11956895
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11956895

>>11956830
If you want my actual recommendations I wouldn't recommend crypto right now at all. I'm only on /biz/ to have fun, I sold all my crypto last December full disclosure. I wouldn't even recommend shorting it, it's simply too stressful to invest in an asset that trades 24/7. Even wallstreet bankers go home to their families on the weekend. If you asked me for my recommendations it would be for books and movies about business. Here are some:

https://www.youtube.com/watch?v=-pOAp-5DqQs
https://www.youtube.com/watch?v=sX5g0kidk3Y
https://www.youtube.com/watch?v=eJ3RzGoQC4s
https://www.amazon.com/gp/product/152473165X/ref=oh_aui_detailpage_o07_s00?ie=UTF8&psc=1
https://www.amazon.com/gp/product/1548740764/ref=oh_aui_detailpage_o00_s00?ie=UTF8&psc=1
https://www.amazon.com/gp/product/0062315005/ref=oh_aui_detailpage_o07_s00?ie=UTF8&psc=1
https://www.amazon.com/First-Rate-Madness-Uncovering-Between-Leadership/dp/0143121332/ref=sr_1_1?s=books&ie=UTF8&qid=1543558083&sr=1-1&keywords=a+first+rate+madness

>> No.11957334

>>11956812
Why xrp?

>> No.11958530

>>11956812
>XRP
XRP is a nigger's coin, if you hold it your IQ is literally that of a nigger

sub -100 iq confirmed

>> No.11959084

>>11955723
>make $100,000,000 per fight
>still gets bribed into promoting scams
wtf

>> No.11959099

>>11955723
And this is why STO's will be big in the future

>> No.11959181

>>11959084
He cant read.
Remember?

>> No.11960099

>>11956777
>ark
>bitshares
>waves
>coss
Nice joke anon.

>> No.11960155

>>11960099
waves is actually great, the bitcoin NG network and development is probably the best in all of crypto. the new wallet is really slick and its the only dex with WAU Coin. the others on your list are shit but waves is waaaaaaayyyy better than most people know