Savedroid ICO’s exit scam was actually a very dumb PR stunt

Yesterday, numerous news outlets reported that popular cryptocurrency startup Savedroid – which purportedly raised $50 million in an initial coin offering (ICO) – had pulled an exit scam. But in an interesting turn of events, it appears that the suspected exit scam was nothing more than a poorly thought-out PR stunt. The whole situation unfolded after the Savedroid website suddenly went down, displaying just one cryptic meme: As you could expect, many users went on to suspect that the...

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