Benebit ICO Does a Runner with $2.7 Million of Investor Funds
Benebit, one of this yr’s most hyped ICOs, has pulled an exit rip-off, making off with a reported $2.7 million of investor funds. Totally different estimates put the decide as extreme as $4 million. The fraud solely obtained right here to gentle after someone noticed that the crew pictures had been stolen from a college website. As quickly as this occurred, the Benebit crew scampered, taking their ill-gotten constructive elements with them. The case is believed to be a very powerful ICO exit rip-off to date.
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The Loyalty Platform with No Loyalty
Benebit was imagined to be creating a international cash for purchaser loyalty. The ICO platform had giant assist, with over 9,000 Telegram followers and a optimistic rating on ICO consider web sites. As rapidly as a result of the rip-off surfaced, these web sites wasted no time in scrubbing their evaluations or updating them to reflect the change of circumstances, regardless of…