In Apparent Exit Scam CEO Of German Startup Savedroid’s Is ‘Over And Out’ After $50 Mln ICO
Thursday, April 19, Savedroid’s CEO posted a video to YouTube claiming that the apparent exit scam was actually a PR stunt the company pulled off to advocate for “high quality ICO standards.”
The founder of German-based startup Savedroid has allegedly disappeared after raising a reported $50 mln through both an Initial Coin Offering (ICO) and private funding, according to local news outlet WirtschaftsWoche, today April 18.
CEO and founder Yassin Hankir apparently left the intention behind his disappearance fairly clear with the following tweet, posted earlier today, apparently in Egypt:
