![ICOSCAM ICO Scam](https://coingeek.com/wp-content/uploads/2021/06/ICOSCAM-380x188.jpg)
3 Israeli ICOs that raised $250M were scams: ex-employees lawsuit
Sirin Labs, Stox and Leadcoin raised over $250 million in their respective token sales, but according to the employees, the operators directed the funds to their own personal expenses.