I'm a big cryptocurrency supporter, and I even wrote a chapter about some possible benefits of tokens in my book[0], but I agree that ICOs are almost always pum

I'm a big cryptocurrency supporter, and I even wrote a chapter about some possible benefits of tokens in my book[0], but I agree that ICOs are almost always pump-and-dump schemes or straight up scams. This is also acknowledged by many cryptocurrency supporters, and I can't really understand why the SEC would do this. [0]: https://whycryptocurrencies.com/tokens.html https://whycryptocurrencies.com/tokens.html