Initial Coin Offering (ICO)
ICO's are a way of raising money for start-up companies that circumvent the traditional way of an Initial Stock Offering. As such, there are fewer regulations or penalties to protect investors. On first pass this seems like a good idea, sort of like Kickstarter.
What could possibly go wrong?
https://www.reuters.com/article/us-ico-ernst-young/more-than-10-percent-of-3-7-billion-raised-in-icos-has-been-stolen-ernst-young-idUSKBN1FB1MZ
BTW, cryptos are being examined for their use in money laundering. We'll be hearing more about this in the near future, I believe.