View full page at cryptocraft.com

 

Controversial TenX Responds to Outrage, Crypto Community Not Happy

From newsbtc.com

A crypto startup that raised close to $80 million in a 2017’s ICO funding has come in the midst of a controversy. Singapore-based crypto-wallet TenX is facing accusations of insider trading after its co-founder and now-former CEO Julian Hosp allegedly dumped $2.2 million worth of PAY tokens. An internal management scuffle reportedly led to Hosp resigning from all his positions in TenX. In what could have been an emotional response, Hosp allegedly exchanged all his PAY tokens for other assets and sent the entire balance to his Bittrex deposit address. Effect of Hosp’s Actions His actions brought a strong selling ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis