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German ICO Savedroid Pulls Exit Scam After Raising $50 Million

Posted: Tue Apr 17, 2018 4:55 pm
by kreslik.news

Another ICO, another exit scam. Frankfurt-based startup Savedroid has ‎suddenly vanished out of thin air along with millions worth of its investors’ ‎savings.‎ ‎The only remainder from Savedroid ‎is a still active twitter account with the message “Thanks guys! Over and out … #savedroidICO”

Yassin Hankir, the project’s founder and CEO disappeared overnight after ‎collecting about $50 million through a combination of initial coin offering (ICO) and private funding. Following ‎the news of the Savedroid exit scam, Hankir published the following tweet ‎on his account.‎
[quote]
Thanks guys! Over and out … #savedroidICOpic.twitter.com/PMRtjlbEdD

— Yassin Hankir #savedroidico (@YassinHankir) ... (read more)