My Big Coin ICO (2018): Sale History, Figure & Outcome
My Big Coin was a digital token falsely promoted as a payments solution in 2018. Its creator claimed it had substantial commodity backing and payment network integration.
| Token | My Big Coin (MBC) |
|---|---|
| Sale year | 2018 |
| Category | fake payments coin |
| Documented figure | $6,000,000 |
| Outcome | fraud |
| Data tier | 2 — research-lane verified |
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What the record shows
The project collected USD 6 million before authorities intervened. Its founder was later convicted for wire fraud and money laundering, receiving a 100-month prison sentence. The record documents this as a fraudulent scheme with fabricated claims about the token's backing.
Era context: ico mania (2017–2018)
The 2017-2018 period saw token sales reach unprecedented scale and speed, followed by widespread failures. This case was among many enforcement actions that reshaped the market after the frenzy.
This sale is one of the 234 entries in our ICO Mania (2017–2018) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
- New Kind of Network (2018)
- Nexo (2018)
- Ocean Protocol (2018)
- Online.io (2018)
- Origin Protocol (2018)
- OriginTrail (2018)
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Sources
- https://www.justice.gov/opa/pr/my-big-coin-founder-convicted-cryptocurrency-fraud-scheme
- https://cointelegraph.com/news/my-big-coin-founder-crypto-fraud-scheme-restitution
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.