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FBI implicates several FX brokerages in BTC-e investigation. Here is why cryptocurrency is a sure fire way to destroy your brokerage

From financefeeds.com

As if the recent plethora of completely false Initial Coin Offerings (ICO) that have infested the lower end of the retail FX trading sector as a result of malevolent binary options and small b-book firms from fringe locations have morphed into is not enough to ensure that genuine industry participants keep well away from cryptocurrency related toxicity, then this week’s occurrences should be conclusive.
Whilst those in the know concur that ICO and cryptocurrency related pyramid schemes which involve completely fabricated units of non-currency to fund non-starter projects with absurd pipe dream products bear no relation whatsoever to the … (full story)

https://www.forexfactory.com/news.php?do=news&id=725637

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