The organizers of the ICO Prodeum disappeared with the investors’ money, leaving an uncomplicated message on their website
There are ICOs that annoy their investors by failing to fulfill these promises. And there are those who promise a lot just to collect investors’ money and hide with them..
Although Confido’s story turned out to be extremely unfavorable for the project’s investors, it was already clear then that this was not the last case. Now it was the turn of another startup that, throughout its existence, tried to create a positive impression and even kept in touch with the community via Twitter. And then the organizers of the ICO Prodeum decided to hide, leaving a simple message on their website.
Prodeum was initially promoted as a solution for tracking supply chains using its own PIIT token.
According to the organizers, Prodeum was located in Lithuania. By now, most of the information about the project has been removed. However, as Cryptovest writes, even before the mysterious disappearance of the organizers, users noticed that they used other people’s images on their website..
One of the few evidence that Prodeum ever existed has been preserved in Google Docs – this is the white paper of the project.
Judging by the address that the organizers used during the ICO campaign, they managed to attract an insignificant amount, having received which, probably, they decided to hide, having written on their website in one word everything that they think about the situation..
And if, in the case of Confido, investors immediately began to sound the alarm, because they had to face a fairly large-scale scam, then the organizers of Prodeum left relatively quietly, and their crime and demeanor are more like a child’s prank, especially when at the same time in another part light hackers steal $ 400 million.
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