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by nostrademons 3191 days ago
Legit financial companies are very careful about following regulations to a T, and only fuck over investors in ways where they are unlikely to get caught or where they have institutional sanction.

The fly-by-night ICO market has the difficulties of both trying to defraud investors and sucking at it. Successfully fucking over the general public usually requires building an institutional apparatus around you to confer legitimacy - you can't just take the money and run without expecting some form of sanction.