Buyer Beware: Are Initial Coin Offerings the Newest Investment Vehicle or the ‘Biggest Scam Ever’? - Jordan Underhill - ACFE Fraud Talk - Epsiode 63

Summary: November 2017 - Jordan Belfort, the Wolf of Wall Street, called them “the biggest scam ever.” Others say they’re the future of digital technology. In this episode of Fraud Talk, Emily Primeaux, CFE, Fraud Magazine Associate Editor, interviews Jordan Underhill, J.D., CFE, ACFE Legal Writer, about Initial Coin Offerings (ICOs) — investment vehicles that offer digital assets called “tokens.” The token sale is similar to a Kickstarter campaign, except it uses the technology behind bitcoin to verify transactions.