Introductory Coin Contributions, ICOs, were once seen as a genuine supporting device for new digital currency adventures. In 2025, however, much of the deceptive practices of ICOs were revealed. People took advantage of the momentum building with new initiatives by launching fake coins or tokens with promises of enormous returns and revolutionary technology.
In the case of BitFuture, for example, this scam was able to raise over $50 million in an ICO before being exposed as a scam. Financial backers were guaranteed a progressive new blockchain that would upset the business, yet in the wake of gathering reserves, the task’s makers are mysteriously gone.
The ICO was an inside-and-out untruth, and cash raised was never utilized for a solitary mechanical turn of events. This kind of fraud is emerging and rising with the increasing volumes of honest and fraudulent projects in cryptocurrencies.
