Scammers are cashing in on Telegram’s upcoming ICO
Desperate for an opportunity to jump aboard in the next big thing, cryptocurrency owners are losing money by investing blindly in fake Telegram ICO websites.
Chat app Telegram’s upcoming ICO promises to break records with a target raise of $1.2 billion, which may be extended to $2 billion according to new reports. The public sale component isn’t scheduled to launch until March, as noted by multiple media including TechCrunch, but that hasn’t stopped unscrupulous individuals seizing the opportunity.
News of Telegram Open Network (TON), the Telegram ICO project, first broke in the final weeks of December before TechCrunch reported exclusively on the full details.
Expectation was palpable. “Telegram is already the de facto communication channel for the global cryptocurrency community, making a natural home to its own coin and Blockchain,” TechCrunch’s Josh Constine and Mike Butcher wrote. At the same time, English…
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