POTENTIAL SCAM ALERT:

Anyone hear of David Drake Family Office?

They claim to be connected to $1.6T in Family Office wealth. They contacted me and let me know that their due-diligence on a company is whether you can hire one of about twelve partners, who then give 50% of that to David. I was invited in saying that if I were to join that group they would send me ICO clients for Stokens and David would get 50% of what I charge and the referring partner would get 10%.

I spoke with several people who told me that after they get paid they stop talking to the entrepreneur or provide the paid services but do NOT find money for them.

I then spoke with his partner who referred me into this group and asked what due-diligence they do before sending on a client to the families and he said that their due-diligence is whether the person can pay. I told him that is pure bullshit. What about team, P&L or pro forma, traction, major clients or competitors, size of the opportunity, a demonstrable and defensible business model...

Yeah, right. BEWARE

CFTC Issues New ICO Advisory Warning For Crypto Investors & Buyers
https://bitcoinexchangeguide.com/cftc-issues-new-ico-advisory-warning-for-crypto-investors-buyers/

​​No crowdsale - no pain. Some of the recent initial coin offerings that had no public crowdsale.

Boston College study: ICO pump and dumps are the smart option | finder.com.au
https://www.finder.com.au/boston-college-study-ico-pump-and-dumps-are-the-smart-option

Cloud-Mining Company Hashflare Have Terminated Bitcoin Mining Contracts

https://www.reddit.com/r/CryptoCurrencies/comments/90i7jf/cloudmining_company_hashflare_have_terminated/

⚠️ BLOCKCLOUD SCAM ONGOING ⚠️

There was a 9 cent round, some VC was selling Blockcloud allocation at 1.1x to many different pools.

The pool admins themselves haven't announced it yet, but the truth is, they got scammed. The VC they made a deal with was not trusted and a scammer with a fake SAFT comprisng of only 2 pages. He ran off with the funds over 1000+ ETH. The investigator is looking into how this happened.

The scammer's telegram handle BEFORE he changed it was @Blocktower

If you have invested in such pools/deals, I'm afraid to tell you that you might not see your funds again. I hope the pool admins will be transparent and let everyone know.

taxa ICO decided to graphically illustrate their token unlock structure.

​​Co-founder - Perlin giving answers to the community about greedy token metrics.

It appears someone is forgetting about the power of community. :/