Elektra Exit Scams -2.5 Million $ in Bitcoin
First of all sorry to anyone who lost money on this. It looked to be a very promising but i believe because the guy was outed with his personal information he got scared and ran with everyones money. He only really knows. Honestly the guy could of been just running a scam from day one. It pains me because i lost more money that i cared to lose on this venture. He sold 3 million tokens so probably around 2.5+ million $ in bitcoins. Here is a link to the thread where they expose him https://bitcointalk.org/index.php?topic=2290043.440. The twitter has been deleted and the site has been taken down. Its been 2 days since the announcement was suppose to happen. Its official that they have exit scammed.
Why would anyone even bother with new coins/ICOs? Why not just invest in one of the established coins? Plenty of upside there.
Higher risk higher reward on these lending platforms. But how else would newer crytpo companies get started?
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