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Submitted via IRC for TheMightyBuzzard
In a report yesterday, blockchain start up "The Prodeum Project," whose goal was to "revolutionize the fruit and vegetable industry" with Ethereum has apparently absconded with millions of investor dollars. Upon exiting with the investors money, the website went offline, and was replaced with one word: "Penis." The companies press release detailing the project is still online.
I really need to come up with some half-baked idea and slap "blockchain" in it so investors give me millions. This article also states that other digital fingerprints of the crypto-team's former existence are being scrubbed from the web. Webpages from TokennDesk, a Linkedin profile, twitter handle, and even a blog post on Medium have all been deleted. One could say a lot of people got the...shaft.
Source: https://www.hardocp.com/news/2018/01/30/blockchain_startup_takes_11_leaves_penis/
Also at Wired and Business Insider.
[Ed. Note - Although the quote mentions millions of investor dollars, as far as I can tell they made off with just $11 US.]
(Score: 0) by Anonymous Coward on Thursday February 01 2018, @02:05PM
... don't trust anyone else but yourself with your money.... oh wait...