The SEC made a fake cryptocurrency to show you how ICO scams work

HoweyCoin, a new digital currency, was launched today through a pre-initial coin offering and the team behind it said it would be “the cryptocurrency standard for the travel industry.” The HoweyCoin website offers a number of investment levels as well as various discounts depending on when you invest. However, when you click the “Buy Coins Now!” button, it takes you to an SEC website warning you of the strategies used by ICO scammers.

Source: The SEC made a fake cryptocurrency to show you how ICO scams work