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.