Ripple (XRPUSD)

[abracky]

Crypto-News India Exclusive! Ripple is a Scam; Ethereum a Security, Opines Tone Vays

? Aheli Raychaudhuri

2 hours ago

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Tone Vays, a former Wall Street executive, shook the crypto community over the weekend when he announced in a series of tweets that ‘TokenPay was a scam’.
Crypto-News India reached out to Vays and asked him his reasons why. In an exclusive conversation with Aheli, Vays detailed why he said what he did.
Check out some of the highlights from the conversation below:

Any company that raises money through an Initial Coin Offering (ICO) is in my eyes, not a legit company”
TokenPay token is completely useless. It doesn’t have any reason to exist”
Ripple and Ethereum are problematic because they won’t scale any more”
The scam part of TokenPay is the ICO itself . This unnecessary token which was created out of thin air and sold it in an unregistered way to unqualified investors and the company has (60%) of tokens, like Ripple”

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