ICO Ends, founder and Brand Ambassador leaves Bitcoiin2Gen is this another ICO scam?
The project Bitcoiin2Gen announced that its founders and Brand Ambassador Steven Seagal are both leaving the organization following the completion of the initial coin offering (ICO), according to a press release March 26.
Seagal joined the project amid allegations from a variety of industry publications that the Bitcoiin project was a pyramid scheme or an MLM company. The project responded, explaining that their pyramid-shaped commission structure of the staking and referral program would only be operational during the ICO while Steven Seagal’s involvement was sharply criticized on Twitter.
So right after the $75 mln are raised 2 of the main people in the project leave so what happend to the investors money? Is it gone? As of now, Seagal didn't commented yet. The domain should be transfered to a community member or multiple members according to their plans.
It doesn't look good for the investors. If anyone have more news, let the community here know!
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