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The SEC created a satirical cryptocurrency site called HoweyCoins to warn investors about ICO scams

Business Insider Wednesday, 16 May 2018 ()
The SEC created a satirical cryptocurrency site called HoweyCoins to warn investors about ICO scams**

· *HoweyCoin, a satirical ICO website made the the US' top securities regulator, is a warning against scams.*
· *The site, which even features a nine-page whitepaper, eventually points people to a more educational page.*


If you were thinking about investing in HoweyCoins, think...
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News video: SEC Combats Cryptocurrency Fraud With Fake Website

▶ SEC Combats Cryptocurrency Fraud With Fake Website 00:56

The excitement around cryptocurrency has attracted a great number of people. Many of them scammers and fraudsters, hoping to cash in. Now, to stop folks from falling for sketchy initial coin offerings, the SEC has created its own. Their new fake ICO is called HoweyCoins, a vague intersection of...

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