CEO of porn cryptocurrency disappears with investor money
I consider every ICO to be a scam and that this sort of thing will become par for the course, with basically every speculator in the space losing money - except those who manage to trick main street investors to cash them out.<p>However, this is weird: “Within hours they refunded me ethereum with a dollar amount equal to what I had contributed in early September, but since the coin has more than tripled in value since then, they kept the rest of my contribution, essentially stealing quite a lot of money from me.”<p>Yeah, that's bullshit. They owe you your money back, they don't owe you the gains that you would have gotten if you had speculated in Ethereum instead.