Review on FOIN by LUIS RIVERO R
Project full of controversies.
There are multiple evidences of a stay with this asset, recently it had a fall of $ 3,000 to less than 6 this according to data linked to this asset. He currently has strong ties to financial ORG. a service that is blocked and closed, classified as an exit scam
This cryptocurrency was born as a solution to current financial services, however it has characteristics similar to other projects in this area, for example decentralized asset exchange service, fast loans backed by crypto, ecosystem and payment application
rapid. Now the problem with this project is the following Financial org transferred all the funds to the FOIN project, now simply many are suspicious of this project.
Its price plummeted when most investors tried to withdraw their money.
However, the controversy begins due to its other associated service since the funds that were raised in its ICO would be destined to investment of securities in the United States, offering great liabilities to maintain this asset.
Pros
- It uses both BTC updates and Riple operability in its chain.
- Decentralized financial services.
Cons
- He is under surveillance by various regulators for possible violations.
- Possible exit scam
- It is currently on a warning list in Malaysia and Singapore.
