$50 Million ICO Savedroid Scam Artist Posts Selfie While Fleeing Country [MAJOR UPDATE]
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$50 Million ICO Savedroid Scam Artist Posts Selfie While Fleeing Country [MAJOR UPDATE]

THELOGICALINDIAN - Savedroid architect Dr Yassin Hankir about appear his own 50 actor avenue betray on Twitter by announcement a selfie of himself at the airport and a bank resort forth with the bulletin Thanks guys Over and out

[MAJOR UPDATE]: Dr. Yassin Hankir has acquaint a video, declaring that the absolute adventure was a PR achievement to appearance how accessible investors are to ICO scams. He calls for greater adjustment in adjustment to assure investors from actuality afflicted by a development aggregation aloof abrogation with any aloft funds. Here is the video he has posted.

ORIGINAL ARTICLE

Scams are annihilation new to agenda currencies. Stick about the crypto apple continued abundant and you’ll accept apparent cons of every band and color: accurate Ponzicoins that affiance absonant allotment for little investment, coarse projects with acquired whitepapers, and alike affected airdrops alms chargeless bill in acknowledgment for a nominal “donation.” As acclaimed showman P.T. Barnum already allegedly said, “There’s a accoutrement built-in every minute.”

Scam artist

But one can’t advice but beam at how aloof some of these schemes accept gotten. We’ve apparent activity roadmaps using portraits of Ryan Gosling on their affected bio pages. We’ve apparent crypto devs with added arrest records than we can calculation on both hands. We’ve apparent air-droppers assuming as acclaimed crypto celebrities, such as Binance CEO Zhao ChengPeng, on Twitter in an attack to acquaint counterfeit bill to their followers. And adjoin all expectations, we’ve alike apparent Twitter users attack to imitate U.S. President Donald Trump, of all people, to try to advance crypto scams.

And again there is the archetypal ICO (initial bread offering) avenue scam, an all too accustomed barbarian now that ICOs accept surged in acceptance in the accomplished year. Much like their IPO counterparts, ICOs action investors a adventitious to armamentarium startup crypto companies by affairs their tokens or bill with the hopes that they will access in value.

ICO

ICOs, however, about go through none of the accurate auditing and paperwork commonly appropriate of IPOs. While this apart authoritative framework has opened up cryptocurrency to a ample amount of innovation, it additionally leaves investors accessible to amazing risk. In fact, abounding ICOs these canicule usually action investors annihilation added than a adventurous abstraction and the affiance that the devs will body it into a alive product. Investors are affirmed annihilation should the aggregation abort . . . or if they artlessly run off with their cash in what has now become accepted as an “exit scam.”

One such activity to accession millions in their ICO was Savedroid, a German aggregation founded by a man called Dr. Yassin Hankir. The aggregation aloft a whopping absolute of $50 actor through their ICO and absolute funding. The aggregation promised to advance an AI to administer user investments forth with a crypto-backed acclaim card. The aggregation was allegedly alike acknowledged abundant to accessible their own offices.

That is . . . until Dr. Hankir absitively to abscond the country on April 18th with all $50 actor in tow. And while he was cat-and-mouse for his flight to appear in at the airport, he chose to acknowledge his loyal followers with a Twitter selfie and a bold message: “Thanks guys! Over and out …”

Not agreeable with artlessly bouncing goodbye, he additionally included a photo of himself at some abroad bank resort, sipping some beer by the waves. The aggregation alike changed their ICO page to annihilation but the “Annddd It’s Gone” South Park meme as one aftermost average feel to their investors.

And that adorned office? Utterly abandoned, as it turns out. One inquiring apperception absitively to appointment it afterward Dr. Hankir’s advertisement alone to ascertain it aphotic and absolutely lifeless. And although the filmer commented that he “can’t affirm anything” from the abandoned office, he was additionally allegedly clumsy to analyze any computer building aural the appointment admitting spotting desks with monitors adorned on them.

Given the aberrant airs on affectation by Dr. Hankir in announcement this theft, several bodies on Twitter are captivation out for official explanations over the abnormal incident. Could they accept instead been hacked? Perhaps it’s a tasteless PR stunt? After all, who broadcasts a $50 actor break-in all over Twitter?

Nevertheless, best bodies are calling for claret over the scam. One website absolutely managed to analyze the bank in the accomplishments of his additional angel and accept traced it to a resort alleged the Movenpick Resort, located on the Red Sea in El Quseir, Egypt. However, others accept speculated that because the beer and the bank in the angel are too calmly recognizable, the photo may accept artlessly been acquaint to bandy pursuers off his trail.

What do you anticipate is activity on with Savedroid and Dr. Yassin Hankir? Is this a betray or a PR stunt? Or is Dr. Hankir absolutely crowing over one of the better ICO heists in history? Let us apperceive your thoughts in the comments below!

Images address of Twitter/@YassinHankir, Twitter/@CyptoHoodz, Twitter/@crypto_prophet, Wikimedia Commons/@J.J., YouTube/@savedroid AG, and Shutterstock.