Warning: Dodgy coin offerings could tar reputation of blockchain technology

Singapore

"DO not collect $200. Go straight to jail."

This line may well be the one to toss to some folks behind the frothy market for initial coin offerings (ICOs), said panellists at a forum at the Singapore FinTech Festival on Wednesday, in warning that the ICO trend is threatening to tar the reputation of blockchain technology.

Brad Garlinghouse, the chief executive of cross-border payments fin…