Bitcoin Exchange Bgogo Launching “Initial Exchange Offering” as IOU – Without Consent

Bgogo is an exchange which isn’t listed in the top 100 exchanges by adjusted volume. They reported an impressive $500+ million in the past 24 hours. Adjusted volume on CoinMarketCap.com discounts exchanges with no fees or that utilize transaction mining. On the regular “reported volume” section, which has some otherwise-no-name exchanges in the upper echelons, Bgogo is #28. ICO-Based Exchange Goes Full IEO Bgogo funded via an ICO, which resulted in the creation of some 10 billion tokens currently worth about .003 USD each. The exchange does “transaction mining” — people get a rebate based on their token holdings and

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