5 cryptocurrencies with higher VC funding to avoid amid SEC crackdown
Cryptocurrencies have mostly become a game of highly capitalized institutional investors known as venture capitalists (VC), often described as a “predatory” dynamic. As the Securities and Exchange Commission (SEC) continues with the cryptocurrency industry crackdown, VC-funded projects could offer increased risks. In an exclusive report, DL News obtained confidential documents showing that the SEC is targeting three crypto venture capitalists. The report, however, could not reveal who the agency was targeting, sounding alarms to the entire market. Within this context, Finbold retrieved data from CryptoRank to identify some of the cryptocurrencies with higher capitalization and VC funding. As things develop, investors should avoid these projects in the short term until more information comes to the surface. Picks for you XRP pr...