Skip to content

I've had? Savedroid says "Stunt out of scam" is the lesson to the crypto community

Join our community of 10,000 traders on for only $ 39 a month

It turns out that "Savedside's" scam "was actually a hit weird pub.

As CCN reported, the German startup – which had raised up to $ 50 million through its initial offering of coins (ICO) and external fundraising rounds – appeared Wednesday for launching a scam. The Savedroid website was replaced by the meme "Aaand it's gone" from South Park, while the founder of Savedroid, Yassin Hankir, posted a tweet suggesting that he had escaped with the funds and lived high life on a secluded beach.

However, the Savedroid website came back online, and Hankir published a video titled "And it did not go away" in which he explained that the incident – which he was saying did not to be a joke – was meant to teach a lesson to the cryptocurrency community. about the ease with which they could have defrauded their investors.


"We wanted to send this very drastic message saying that, even though we were a highly regulated German stock company, we could have just run away, scammed with all the funds., Leaving all investors behind, "said Hankir. "Of course, we did not do that, we just wanted to convey that message."

"This has not been done to make any joke," he added, "but in reality to convey a very serious message that we believe that the whole of ICO and the cryptographic industry worry about the future. "

Hankir, who did not immediately respond to a request for comment by email, argued in the video that IFAs need to be better regulated to prevent exit scams – like the one he seemed perpetrate – are so common in the nascent space. .

See also  This new group wants to revive the blockchain sector of Kazakhstan

He also stated that Savedroid would also launch its own OIC advisory service, and that the joke, but not a joke, was ultimately a poorly designed publicity stunt to draw attention to this new company.

Featured image from YouTube / Savedroid AG.

Follow us on Telegram.