When cryptocurrencies were flying high in late 2017 and early 2018, the initial coin offering, or ICO market was raking in billions from investors with dollar signs in their eyes. Unfortunately, the majority of ICOs ended up being money-losers for their investors, and some people who promoted them are now in hot water – including two celebrities.
In this Industry Focus: Financials clip, host Jason Moser and Fool.com contributor Matt Frankel, CFP discuss how poorly the overall ICO market has performed and what it could mean for the future.
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