They made $106 million in the ICO between April-May 2017? https://icodrops.com/mobilego/And as the prebious user posted there were Bitcoin forks in the mean time so extra money was generated with new coins for free. Where did those funds go?
That would probably be worth closer to the $350 million mark at the end of December 2017 and closer to the $400 million mark at Bitcoin price peaking in January 2018
So what excuses have this "team" got to show for their failure? Let me guess, there has been no accounts sheet to show where they spent the money. No document have been given to investors post-ICO to show where the funds went and they will not allow a full audit. No surprise at all.
It is these types of ICOs that give genuine ICOs a bad name. When they want your investment they promise you the world, provide regular updates and answer questions immediately in a kind tone but when they get your funds post-ICO they have no interest in providing updates, answering questions of investor conerns and treat investors with contempt.
Betking and its owner Dean Nolan have done the same thing with regards to lack of accountability, lack of answering simple questions and access to external auditors.
So will an investor group lawsuit against MobileGo be on the cards now?