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RE: Are hedge funds good for crypto space? While they can bring in hundreds of billions they also may pump and dump

in #crypto-news7 years ago

I could see the VC money being problematic in shitty ICOs with poor/opaque business plans.

Maybe if the VCs were restricted from selling their stake until certain milestones are successfully met, the chances of a P&Ds would decrease substantially.

Or maybe if legislation were passed that would require VCs to publicly announce their investments in ICOs and the exact terms.

There are several ways to approach this issue.

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