Non-bombshell report finds 4 out of every 5 ICOs are a scam

Crypto billionaires-in-waiting, it's time to brace yourselves. A new research paper has found that of all the large ICOs that have tried to raise funds recently, a solid 81% were frauds, 6% were failed, 5% had gone dead, and 8% actually made it to market. Yes, I'm equally surprised that 8% of ICOs were legitimate. The study was conducted by the Satis Group, a firm that bills itself as a "premier ICO advisory firm" with a "longstanding presence within the cryptocurrency community and arguably one...