Bitcoin Forum

The Confido startup attracted $ 375,000 to the ICO and disappeared. It was assumed that the funds raised would be aimed at creating a mechanism for secure peer-to-peer transactions using smart contracts and tracking delivery. However the project site is unavailable, and its accounts in social networks and all the other accounts were deleted. Next scammers??

Cryptocurrency start-up Confido disappears with $375,000 from an ICO, and nobody can find the founders

• Confido billed itself as a "smart contract" start-up.
• It raised $375,000 through an initial coin offering.
• The website and social media accounts related to the company and the founding team have been deleted.
• TokenLot, which hosted the ICO, dubbed it an "exit scam" and said it is going to contact the FBI.

In the past few days, in what is being dubbed an "exit scam," online assets related to the Confido founders and the company have been deleted. The firm's website, Twitter account and Facebook page were erased.

Well most of us invested were unhappy right now but i see the bright side we helped the founders to get rich in a small amount of time,i hope the karma will strike all of them.