Cryptocurrencies
Crypto Startups Hand Out Digital Coins for Free Amid Scrutiny
- Startups are giving away crypto tokens to help boost profiles
- Free coins usually don’t provide any owership in enterprise
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When Michael Terpin peered inside his cryptocurrency wallet recently, he found several new coins -- ones that he didn’t buy.
“Every week someone is dropping me a buck or two of something,” the San Juan, Puerto Rico-based investor and organizer of crypto conferences said. So far this year, Terpin estimates that he has received 15 free digital coins in one of his digital accounts that are referred to as wallets.