---
title: "Jimmy Wales - CRYPTOCURRENCY NEWS - ICOLINK"
description: "Jimmy Wales - CRYPTOCURRENCY NEWS - ICOLINK - ICO ⭐"
url: "https://icolink.com/ico-news/tags/jimmy-wales.html"
markdown_url: "https://icolink.com/ico-news/tags/jimmy-wales.html.md"
date: "2026-06-25T03:39:11+00:00"
language: "en-GB"
---

# Jimmy Wales - CRYPTOCURRENCY NEWS - ICOLINK

> Jimmy Wales - CRYPTOCURRENCY NEWS - ICOLINK - ICO ⭐

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Sunday, 15 October 2017

## [The founder of Wikipedia believes that ICO can be "absolute fraud"](/ico-news/the-founder-of-wikipedia-believes-that-ico-can-be-absolute-fraud.html)

**Jimmy Wales, founder of Wikipedia expressed his opinion on the modern financing of business projects using ICO, calling such methods "fraudulent." In an interview with the American CNBC television channel, he said that he believes that many projects that use ICO to finance their projects by selling their tokens are "absolute fraud". There are quite a few of these primary placements of coins, which, in my opinion, are absolute fraud, and people should be very cautious about things happening in this area, said Jimmy Wells.**

[blockchain](/ico-news/tags/blockchain.html) [Jimmy Wales](/ico-news/tags/jimmy-wales.html)

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