It doesn’t look like that ICO ban will be lifted any time soon…
New exchange Pure Bit has made off with over £2 million worth of investor Ethereum in a standard exit-scam, according to Korean news source Blockchain ROK.
The company had previously announced its token sale for cryptocurrency Pure Coin. Evidence of the exit scam reportedly arose after the exchange’s CEO changed his name to “I’m sorry” on Korean social media network Kakao.
The ICO’s Ethereum wallet also displays a host of transactions from investors since November 4 this year. On November 9,
This post is an exerpt of an original post published on Crypto News Review. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.