SoylentNews is people
SoylentNews
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: 3, Interesting) by JoeMerchant on Thursday February 01 2018, @10:41PM
Clearly, the penis page is a troll - now, whether anybody actually invested anything, or this site just wants people to think they did is the interesting question.
Personally, I won't be believing it until victims file formal complaints including records of transferring millions of dollars to the fraudsters.
Most likely scenario I'm thinking of is that some guy started this coin, conned a few of his friends into investing their beer money, hyped them up with stories of the Lambos they're gonna be buying soon as the fake-coin "inflated", and when the first one went to cash in, the penis came out.
🌻🌻 [google.com]