/China's Regulatory Authority Warns About Risks of Initial Miner Offerings

China's Regulatory Authority Warns About Risks of Initial Miner Offerings



National Internet Finance Association of China (NIFA) this Friday announced that IMOs (Initial Miner Offerings), represented by the token Wankebi and issued by Xunlei (NASDAQ: XNET), are ICOs in disguise and have emerged as a potentially risky model that warrants vigilance. Also Read: Exchange┬á…

Source: China’s Regulatory Authority Warns About Risks of Initial Miner Offerings