Tomahawk Exploration ICO (2017): Sale History & Outcome
Tomahawk Exploration conducted a token sale in 2017 for its oil and gas project under the symbol TOM. The project claimed to use blockchain technology but did not disclose key details about its operations.
| Token | Tomahawk Exploration (TOM) |
|---|---|
| Sale year | 2017 |
| Category | oil and gas |
| Documented figure | not visible at the cited source |
| Outcome | fraud |
| Data tier | 2 — research-lane verified |
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What the record shows
The record shows the sale raised no funds, though the U.S. securities watchdog later ruled its bounty program tokens qualified as securities. Authorities found misleading claims about oil production potential and concealed the founder's previous fraud conviction, resulting in a permanent ban from corporate leadership roles.
Era context: ico mania (2017–2018)
This sale occurred during the ICO Mania period when token offerings proliferated rapidly, often with minimal oversight. Many projects made ambitious claims during this era, followed by widespread failures and legal scrutiny that reshaped the industry.
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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Sources
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.