In an area that is only now starting to see regulation, companies are able to run Initial Coin Offerings to raise funds for operation. For some, this is a legitimate business. For others, it as seen as fraud. The schemes are especially based around those who don’t understand how the technology works.

“Unlike IPOs, however, ICOs are catnip for scammers. They are not formally regulated by any financial authority, and exist in an ecosystem with few checks and balances.”

For the expert opinion from the Atlantic, read the full article here.

If your company employs new technologies such as Blockchain or other forms of Cryptocurrency, talk with an Alpine Law Cryptocurrency Attorney Expert today to see if your company would benefit from general counsel.