Does the Fall of $158M Crypto ICO Show Necessity of Strict Regulation? ByJoseph YoungPRO INVESTOR Updated: 22 July 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Recently, Sirin Labs, an initial coin offering (ICO) project that raised $158 million during the bull market of 2017, made the headlines for its controversial pivot from a hardware-based business model to supplying software to mobile phone manufacturers. According to a report released by Bloomberg, nearly a year since the ICO, the company has not The post Does the Fall of $158M Crypto ICO Show Necessity of Strict Regulation? appeared first on CCN