(Facebook.com)
Thursday, May 10, 2018
Well Done, Sec, Well Done
MOVE OVER, ONION
The SEC is dipping their toes into the world of satire releasing a website pitching HoweyCoins, a fictional cryptocurrency, with the intention of informing investors of the risk of scams.
The site, which was launched this week during CoinDesk’s Consensus 2018 conference, even includes a nine-page satirical whitepaper. Eventually, if one does choose to invest (read: you are a moron), users are redirected to the real SEC website where they can find further information on cryptocurrency ICO scams.
Jay Clayton, SEC Chairman, issued a statement earlier this year informing investors about the protections being put in place. Of course, no one listened to his advice about the Nigerian prince scam of our generation.
Water Cooler Talking Point: “When the SEC is going out of its way to make jokes about how to protect yourself from an unregulated security, you know you’ve gotten yourself into some potentially shady sh*t.”
(BroBible.com)
The SEC is dipping their toes into the world of satire releasing a website pitching HoweyCoins, a fictional cryptocurrency, with the intention of informing investors of the risk of scams.
The site, which was launched this week during CoinDesk’s Consensus 2018 conference, even includes a nine-page satirical whitepaper. Eventually, if one does choose to invest (read: you are a moron), users are redirected to the real SEC website where they can find further information on cryptocurrency ICO scams.
Jay Clayton, SEC Chairman, issued a statement earlier this year informing investors about the protections being put in place. Of course, no one listened to his advice about the Nigerian prince scam of our generation.
Water Cooler Talking Point: “When the SEC is going out of its way to make jokes about how to protect yourself from an unregulated security, you know you’ve gotten yourself into some potentially shady sh*t.”
(BroBible.com)
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