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Brand New Decade, Same old Scams! #89

Brand New Decade, Same old Scams! #89

Released Thursday, 2nd January 2020
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Brand New Decade, Same old Scams! #89

Brand New Decade, Same old Scams! #89

Brand New Decade, Same old Scams! #89

Brand New Decade, Same old Scams! #89

Thursday, 2nd January 2020
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Welcome to a brand new decade, with the same old scams! It may be the roaring '20s all over again, with the SEC coming out of the gates like a lion, looking to pounce on any companies trying to offload their coins and tokens without properly registering them as securities.

The SEC has fined BCOT, but they have been kinda nice about it, considering some of the other fines they have dished out! And now, another ICO has oozed out of the swamp, aptly named Hydra after the mythical gigantic water-snake-like monster with nine heads.

There have been warnings from Russian sources to not invest as it may be a scam, but how can you be sure? Well, like any project, you have to do your own homework, look at the team, and then if you think the risk is worth it, go for it.

But if your stomach is turning like you just ate a bad taco, leave it alone. And sometimes you do your best, but you lose everything, like with QuadirigaCX (for more backstory, please refer back to Episodes 71 and 49). But what is the very latest with QuadrigaCX?

Listen today and find out!

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