Australian ex-athleteiscriticizedon Twitter forsponsoringan ICO

[Brazio]

The ex-captain of theAustralian cricket team, Michael Clarke, has beencriticizedthroughthe Twitter platform, after he sponsoredaninitial local currencyoffer (ICO). According to a local newspaper, even a controversyfromthecaptainwhorelayedit has notbeenenough to obscuretherefusal of Clarke's tweet.

Clarke, whocaptainedAustralia's cricket teamfrom 2008 to 2015, has backed Global Tech, anexchangebased in thecity of Brisbane, whichplans to raise AUD $ 50 million (more than USD $ 36.5 million) with a ICO. Thecompanywasfoundedjustover a yearagoby Andrew Mclean and Marlon Donaire.

Althoughanothercaptain, Steve Smith, Clarke'ssuccessor in thecaptaincy of thenationalteam, who has alsobeeninvolved in a scandalsinceMarchformanipulatingballsthatcosthim a one-yearbanawayfromthe sport, wasnotenough to that he wasalsothe target of criticism. Userscomplainfromthe interface of theplatform to howlowtheathleteshave fallen in the country and cases of scamswithICOs.

One of thecritics of themostrenownedsponsorshipis John Hempton, founder of Bronte Capital, a fundmanagementcompany. He responded to the tweet bysaying "I suggest Mr. Clark buysandpaper." This in reference to Smith'scontroversy, but he addedthat "Itwill do lessdamage" to hisreputation.

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