Welp, Steven Seagal is endorsing a cryptocurrency called ‘Bitcoiin’

Questionable ICOs have left many investors with Exit Wounds, but that hasn’t stopped Steven Seagal from backing one.

The ’90s action star became the worldwide ambassador of a cryptocurrency called Bitcoiin 2nd Generation, news that he confirmed on his Twitter account.

If the double “i” in the name didn’t prompt reluctance, there’s a couple of worrying signs regarding Bitcoiin2Gen.

As noted by Coindesk, the website for Bitcoiin2Gen lists no details about who’s actually behind the cryptocurrency. Its domain was originally registered in 2015 in Panama, but changed hands around Jan. 8.  Read more…

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