CONFIDO ICO Possible Scam? $374,000 of ETH Gone! CFD Token
Letter From Supposed Confido Lawyer Promises ICO Investors Refund
Dubious letter from supposed lawyers of Confido shared a statement that the investors are likely to receive refunds.
money raised by the company in its initial coin offering (ICO)
is being kept in a trust fund until further notice.
The authenticity of the said letter, along with its legal representative is still under question considering that the company’s whole social media accounts, along with its website, have been previously taken down.
, the money raised in the Confido Coin Exchange , the money raised in the
is not enough to advance the initiative, so its developers decided to shelve it for further assessment.
our client decided to stop the development of Confido.” Confido Coin Exchange , the project – despite the dreams of the developers – is not feasible within the scope of the results of the ICO. Therefore, our client decided to stop the development of Confido.”
The project that was intended to disrupt the traditional escrow services and transactions. However,
The project that was intended to disrupt the traditional escrow services and transactions. However Confido Coin Exchange ,000 through an ICO on the platform called TokenLot, the company has suddenly disappeared online. All of the startup firm’s social media platforms like its website went completely dark.
by a news channel also showed that Confido’s alleged Chief Executive Officer (CEO), Joost van Doorn, has lied about his employment history. Based on the probe, Van Doorn was never an employee of the beverage firm PepsiCo and German online retailer Zalando as he previously claimed on the Confido website.
Based on the letter, the Confido investors may potentially have a chance to recover the money they invested in the
. It remains to be seen, however, if this will be the case in the next few weeks as there are also lots of doubts concerning the authenticity of the said letter.
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