Confido down 90% - Wiping itself from Existence

Hey guys,

For those of you who aren't aware..

Confido has suffered a crash of 90% of their value last night after posting that they would halt the development of the project after a legal issue they didn't specify or provide any information.

Their Reddit and Twitter, full of angry investors has been totally wiped from existence leaving very little trace.

Gotta be careful with those investments! Look out for sketchy ICO's.

Be safe, Do your research.

Below is the Official Statement made by Chris from Confido Support:

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" Hey guys,
I have made an official statement to the police in my local district regarding the situation. I was completely honest and open with them about the whole situation and they are going to do some further investigation. I am aware TokenLot is also investigating as was mentioned in another post by them. As it currently stands I will likely be alright legally as I was just an employee, but none the less I am liquidating the profits I have made from Confido until further clarification is given. If I am required to return the small amount of funds I have, I will gladly do so.

I have spoken with the team from Kleros and they have confirmed they never saw Joost either, they had only communicated through slack. I can confirm the contract between Confido and Kleros does exist, and the CEO of Kleros fully believed that the agreement was legitimate. I have yet to talk to ChainLink but I believe they will have a similar story. I have also never seen Joost's face, which I regret never clarifying. I honestly had no reason to believe that I was being led on.

I am truly sorry for this whole situation, and honestly it hurts me more than you can imagine, but I will not be leaving you guys behind. I am active on telegram so if you would like to talk to me I would recommend messaging me on there.

So sorry for all of this guys, I'll do my best to make it right. "