Cambridge Analytica Planning to Raise Money Through Own Cryptocurrency

[coinpediaJordan]

Cambridge Analytica is the company behind recent Facebook’s massive data leak scandal. It is now planning to issues its own cryptocurrency and aiming to raise funds through ICOs. It is also tried to promote Dragon Coin associated with a Macau gangster. The company tried a variety of technologies including blockchain.

Read more here: https://coinpedia.org/news/cambridge-analytica-plan-raise-money-crypto/

[Longfellow27]

It would be hard on their part to really gain in promoting such ICO given that they have already created for themselves a negative impression. People will have fear in dealing with them so I think they might just fail if they could not provide a better idea of what their aims are for establishing the ICO.

[BitcoinTurk]

It would be an erroneous step to start an ICO project outside the goals of such a large organization. As a result, this is not the intention of the foundation and it is also a source of income. So by starting an ICO project, collecting new resources can be a negative outcome for this organization. I think that it should not be invested in my personal opinion, because it may be a project that investors will be sorry for.