Cryptocurrency start-up vanishes after raising $375K from investors

Cryptocurrency start-up vanishes after raising $375K from investors

Cryptocurrency enthusiasts across the web are adding Confido to their blacklist. That’s because the start-up, which recently raised nearly $375,000 through an initial coin offering (ICO), has suddenly pulled a disappearing act that left investors empty-handed. As The Next Web highlights , Confido set out with the promise of creating a decentralized trustless payment solution for online shopping. Things went south, however, when the company recently informed investors that a legal issue was forcing them to halt development indefinitely. The company’s website was wiped shortly after, as was its presence on social media sites like Facebook and Twitter. Its […]