Bittrex International to List Veriblock Token

First IEO project token listed at Bittrex exchange is now traded around initial IEO price
05 April 2019   1044

Bittrex International listed the VeriBlock project token, the IEO of which was held on its platform on Tuesday.

After the jump at the start of trading, by the time of publication, the VBK rate had dropped to the level of 2802 Satoshi. At the IEO, it was traded for 2450 Satoshi.

IEO VeriBlock was quite fussy and ended in a few seconds, as were similar campaigns on other platforms. Some investors, however, questioned the ability of the project to bring quick profits to the participants of the public part of the campaign, taking into account the structure of the distribution of tokens, which is more suitable for miners and over-the-counter buyers.

VBK is currently the most convertible cryptocurrency on the BTC market of Bittrex International and, having started trading about an hour ago, has a trading volume of 2,000 BTC.

Dutch Crypto Startup Founder Busted

Komodore64 said they developed blockchain games and sold $86 000 000 worth K64 tokens, but investors don't receive any profit
13 November 2019   145

Dutch police arrested the founder of blockchain startup Komodore64, who allegedly raised $ 86 million from private investors. The company has already filed for bankruptcy, and investors and employees accuse it of fraud, according to Sprout.

Komodore64 developed blockchain games and invited investors to invest in the K64 native token. One of the investors, the newspaper writes, lost 600 thousand euros. As soon as partners and employees publicly stated that they had not received the promised fees, the company filed for bankruptcy.

Founder Sam Narain allegedly convinced investors that the startup supported the banking giant Goldman Sachs, but a group of bank representatives at one of the meetings turned out to be fraudulent.

In recent weeks, Narain has been living in the Hague Hilton, where he was hiding from angry investors. The names of his possible accomplices are still unknown, as is the fate of money.

Employees claim that only a party in honor of the launch of the project cost tens of thousands of euros.