The Confido organizer promised to return the money

Investors money was not stolen but deposited in a trust fund
27 November 2017   1363

On the site of the Confido ICO startup that was not available earlier, an appeal from the Jonkers Van Gemert lawyer appeared, stating that the project did not have a goal to deceive investors, and most of the funds could be returned to investors.

This message is about Confido organizer sincerely regrets the appearance last week of rumors about Confido and that this was not a scum. Against the background of ICO results the project became impossible and its development was discontinued. Then, after threats against his life he deleted a website and social network accounts.

Also they report that the money are currently deposited in a trust fund until further notice. They promised that he will make preparation for refunds. All updates will be posted on site confido.io.

Before, on November 19, the site of the Confido blockchain project suddenly became inaccessible. The startup, which earned more than $ 374,000 during the ICO, removed all the information from the page and accounts in social networks Twitter, Facebook, Reddit and Medium. The Hong Kong currency exchange KuCoin has already promised to pay to its customers that have CFD balances on accounts of 0.0000038 BTC for each Confido token.

TON Mainnet May be Launched in March

During January there should be a meeting of the project investors with a TON demonstration 
23 January 2019   75

Telegram Open Network (TON) blockchain platform can be presented at the 49th World Economic Forum (WEF) in Davos, Switzerland. However, there is no official information about Pavel Durov’s speech at WEF yet.

At the same time, according to The Bell, during January there should be a meeting of the largest project investors with a demonstration of the test version of TON. The launch of the main network is expected in March.

According to the latest TON roadmap, which appeared in the Telegram-channel @Tgram in early January, the launch of the main network may be postponed for 2-3 months due to the “innovative nature of the development”.

TON is about 90% ready, and the latest news about the platform will appear in February 2019. At the same time, an audit of Testnet is scheduled in order to find errors and flaws.

Pavel Durov hadn't provide any official comment on the situation.

Note that initially the launch of a test network for TON was planned for the second quarter of 2018. At the end of the same year, a full launch of the platform and the Telegram Wallet wallet was planned.

Earlier it became known that Pavel Durov filed an application for the liquidation of the Telegram Messenger LLP. According to the assumption of some experts, the decision will relate exclusively to changes in the corporate structure of the company.