ICO SCAM: STARTUP CONFIDO HAS BLEEDED WITH 380 000 EUROS THAT IT WAS ABOUT TO UP:
Confido, a startup at the origin of a recent ICO, whose name means in Italian "I trust", seems to have ended its activities, having managed to raise 1,235 Ethers (the equivalent of 382 850 euros according to current prices).
The company was supposed to develop a "trustless" payment system - in other words, a system that does not require, through the use of smart contracts, the presence of a trusted third party to carry out value trading.
This scam comes as many voices rise to denounce the lack of regulation around the markets of ICOs.