LoopX Startup Pulls ICO Exit Scam and Disappears with $4.5 Million

Slashdot
By msmashFeb 13, 2018, 2:30 pm106 pts
Catalin Cimpanu, writing for BleepingComputer: A cryptocurrency startup named LoopX has pulled an exit scam after collecting around $4.5 million from users during an ICO (Initial Coin Offering) held in the recent weeks. The LoopX team disappeared out of the blue at the start of the week when it took down its…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Google Fires Twenty-Eight Workers for Protesting Cloud Deal with Israel 129

Tesla Semi has been pushed ‘well beyond expectations’ by a new customer 128

The Newest Obesity Drug May Also Combat Sleep Apnea 127

The US now has an actual plan to connect clean energy to the grid 125

Psst, hey. It's the NSA. You want some AI security advice? 123

Mars helicopter sends final message, but will keep collecting data 116

Taiwanese film studio snaps up Chinese surveillance camera specialist Dahua 115

Trump's Truth Social Has Gone Woke 112

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.