Compound General Counsel: There are too many descriptions of "fraud" in ICO, some projects are just business concepts doomed to failure

According to CryptoDaily, Compound ’s General Counsel Jake Chervinsky said on the issue of ICO: "I think we should only use the word 'scam (fraud)' when describing downright fraud, that is, to deliberately use deception, deception or Other dishonest means to deprive people of legal money or property. In my opinion, the word 'fraud' is overused in ICOs, and most of these projects are just business concepts destined to fail, not blatant fraud schemes. "