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Title: Cofound.it is shutting down operations Post by: PrinceKael on September 14, 2018, 02:17:41 PM Sorry to be the bearer of bad news to holders, however in a shock surprise (at least to me) - they've made an announcement on their blog that they're winding down operations, redistributing assets back to the community and CFI trading activity will be halted at Friday, September 14 at 12:00 CET.
https://blog.cofound.it/closing-cofound-it-as-crowdfunding-market-disappears-and-presenting-good-practice-for-icos-796db5e001b8 Anyone with more knowledge on the situation that can chime in? Was this a long time coming or a big shock? How will the be redistributing assets? Is it possible that insiders sold right before the announcement? EDIT: There's been another update and with more info on the redistribution of assets: https://blog.cofound.it/introduction-roadmap-af329fa2c9f3 |