Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
OR
Please fill out the required fields Please fill out the required fields Please fill out the required fields
Get Into Cryptocurrency Trading Today
The US Securities and Exchange Commission is responsible for protecting investors from potential market fraud. With the emergence of crypto-currencies, a new form of fundraising has emerged, the ICOs. With nice promises, investors often try and are often ripped off. The SEC has long warned investors about the risks of ICOs. And to show how easy it is to get scammed, the SEC has implemented a fake ICO.
HoweyCoins is a cryptocurrency invented from scratch by the SEC to educate investors about the traps that some companies are implementing.
HoweyCoins was announced as the cryptographic currency issued by The Securities and Exchange Commission. At its launch, it was announced as a golden opportunity, "Do not miss this exclusive opportunity to contribute to HoweyCoins travel Network now".
In its 8-page white paper, HoweyCoins presents itself as a precursor to the digital revolution in the travel industry and the reference in the field.
"Travel is expensive, but we are at the dawn of a revolution that will democratize travel and recreation for everyone. Internet was the first part of the revolution, the other part is Blockchain technology and crypto-currencies.
Added to this, to appear more convincing, the site contains recommendations from famous people, photos of luxurious destinations. HoweyCoins would be interesting if you want to invest in the long term.
"We also expect a minimum annual growth of 7 to 15%, making HoweyCoins attractive for long-term investments."
The Howeycoin.com website shows that the pre-ICO sale is live with a 15% bonus that ends soon. With its different promises and a well-designed site, it's hard to imagine that it's a fake ICO. When the investor has finally decided to tap "Buy Wedges Now!" He will be redirected to investor.gov, the SEC website. On the site, the SEC warns of fraudulent ICOs by showing signs that will tip the ear and offering practical advice.
Although there are many promising projects, the number of SCAMs is also important. SEC's Jay Clayton said the SEC supports innovation, but also encourages investors to "educate and understand how fraudulent bids come up." He stated that:
"Blockchain technology can add efficiencies to the fundraising process, but issuers and developers need to ensure they are in compliance with securities laws. I encourage investors to be diligent and ask questions. "
Earlier in the week, at a SEC oversight hearing, Steve Peikin, Co-Director, Chief Advisor, SEC Education and Investor Awareness Office, Owen Donley, said the situation shows how easy it is to set up a scam. The app told members of Congress that ICOs are now among the biggest threats to investors.
Since the beginning of the year 2018, the SEC has dealt with many cases, we can mention the case of Arise Bank and that of Centra. Last April, one of the founders of Centra Sohrab "Sam" Sharma was arrested when he was getting ready to fly. According to the SEC, the ICO set up was not registered with the agency and went against several rules.
In this case, investors will learn that the stars and trading platforms can not be trusted because Centra (CTR) was promoted by the Binance platform itself, and had the support of Floyd Mayweather , the former world boxing champion, and the famous DJ Khaled.
Before embarking on an investment, it will be necessary to inform oneself beforehand and to be realistic. According to the SEC, one should always be wary of offers that are too good to be true.
Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
ALL
TRENDING
WATCHLIST
Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Binance´s Launchpad Gears Up Tor Arkham Token Sale, Starts Recording BNB Balances
4 months ago | Benzinga
Arkham´s New Crypto Intel Trading Platform: A Game Changer For Traders?
4 months ago | NewsBTC
Bitcoin Could Rise to $120K by End-2024: Standard Chartered
4 months ago | Coindesk
Bitcoin Edges Lower; Bone ShibaSwap Becomes Top Loser
4 months ago | Benzinga
JustBit Casino Review
JustBit Casino, which specializes in virtual currencies, is easy to use because withdrawals are expl...
Huobi Token General Overview
Is Ripple The Cryptocurrency of 2021? - In Depth Review of Ripple XRP
Ethereum Classic Review
Monero General Overview
YouHolder
YouHodler is not just another player in the crypto space; it's a dynamic and innovative company ...
XBO
XBO.com cryptocurrency exchange redefines how you interact with crypto. Designed to make the benefit...
Bithumb
Understanding Bithumb This article highlights what is Bithumb and where it is located. It also di...
Bitstamp
Bitstamp's continued success in the crypto market This article highlights what Bitstamp is. I...
Bitfinex
Bitfinex general overview delves deep into its operations since its inception in 2012 up to date. It...
(adsbygoogle = window.adsbygoogle || []).push({}); Introduction In t...
(adsbygoogle = window.adsbygoogle || []).push({}); Einführung Wenn es um Er...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
The SEC Has Set Up A Fake ICO To Show How Easy It Is To Be Scammed
The US Securities and Exchange Commission is responsible for protecting investors from potential...
Cash is No Longer King; There Are Cryptos Everywhere
Every successful technology has led to a redundancy of the existing system. For example, the...
Truth Behind Money Laundering, Banks And Cryptos
Ever since the launch of cryptos, its role in illegal transactions has been up to question. Most...
Facebook Cracking Down On Predatory Ads, But Still Pro-Crypto
With the announcement that Facebook is banning all ads that focus on cryptocurrency on their...
(adsbygoogle = window.adsbygoogle || []).push({}); Introduction In t...
(adsbygoogle = window.adsbygoogle || []).push({}); Einführung Wenn es um Er...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
COMMENTS (0)