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Tuesday, 07/10/2018 11:09:12 AM

Tuesday, July 10, 2018 11:09:12 AM

Post# of 18480
My consumer finance plan input - google SEC and cryptocurrency. 56% of crypto startups raising money from ICOs die within 4 months (study of 2390 ICOs by Hugo Benedetti at Boston College). Also, it is an odd choice for a firm that chose to not be SEC registered to then create a security that will be regulated as by the SEC as securities (decentralized coins like Bitcoin are not but Hinman the SEC Chair has indicated that ICOs used as a fundraising tool are). It is effectively painting a target on their back so I doubt they will go through with this and is highly likely the reason why LEXG dropped similar plans months ago right after the SEC named ICOs as an enforcement priority.