Bitmex Report: ICOs Allocated $24.2 Billion in Tokens to Themselves
January 17, 2019
The team at Bitmex Research has collaborated with TokenAnalyst to take a thorough look at the treasure balances of several individual ICOs on the Ethereum network. The two teams released a report that showed that ICO teams allocated $24.2 Billion worth of tokens to themselves.
$80 Billion in Peak Value
The Bitmex and TokenAnalyst report goes on to state that this figure has fallen to $5 Billion…