Hacker News new | ask | show | jobs
by KomradeKeeks 3195 days ago
You make/invest heavily into an ICO, send your CP/ordered hit/fentanyl proceeds into it, and then sell your ICO tokens for ETH.

Most ICOs don't do KYC; if they're asking for crypto-based investments they likely aren't asking for conventional investors and aren't vetting the speculators who only want to know how long they have to hold the token before dumping on the market

1 comments

thats no longer true. Now-a-days, ICOs ask for all kind of KYC documents - passports, utility bills, etc.
A few maybe. It's definitely the reason we (Pink) went ICO for funding, to be able to raise money because real-world contacts didn't like the potential link to funding our venture.
I read your site last night and was intrigued by the bold use of traditional finance language to describe your ICO. "Token-shares", dividends, etc. You're not worried about US securities law?
We are worried about the SEC as much as we're worried about any government action. We're operating very tightly.

It's a travesty that some of these companies raise millions without giving up equity, voting, or dividends.