20190109-TenX Scandle-Shapeshift Laid off 1/3 of its Team


Altcoin Daily:


CEO of TenX, Steps Down After Pumping And Dumping PAY Tokens On Its Investors

TenX’s co-founder and president, Julian Hosp has announced on company’s YouTube channel that he is stepping down and quitting TenX. Touted as MLM pyramid scammer by many, Julian Hosp kept promising the investors of the cards, which never happened.


Also a  month back, he announced about the airdrop where every PAY token holder will be airdropped new TENX tokens, which caused the price to pump 2X before dumping really hard, and then he resigned.


It is indeed a shame how far TenX has fallen since 2017, both in terms of price and holding its promises – going from one of the few projects with a working product to whatever it is now.


What an absolute shitshow #Tenx is that they raised 80 million USD for tokens which 1.5 years later can't be used for absolutely anything.  They don't even know what the $PAY token is for.


It is being rumored that Hosp’s resignation was all pre-planned. He dumped 2.2 million PAY tokens on December 30th 2018. There was a 200 btc sell candle on 30th December. Usually the volume was around 10 BTC. Coincidence?   You decide.


Wendy:  There goes my $15 and no card!



Shapeshift lays off 1/3 of its team

The CEO also revealed in the post that during 2018, the company “got hit from four sides.” He cites legal issues, “people and structural issues,” problems with customers and financial issues as the main contributing factors, stating that the “confluence of these issues combined with our own lack of product focus that resulted in today’s layoff.



In September, the Wall Street Journal (WSJ) released the results of an investigation alleging that $88.6 million in fraudulently obtained funds had been funnelled through 46 crypto exchanges, with $9 million transferred via ShapeShift.


Comments

Post a Comment

Popular posts from this blog

20181210-Paradise Fire-Centaurians

Edge of Wonder – Interviewed with David Wilcock on Paradise Fire : - Heard from his insider source- Henry Deacon from Project Camelot since 2007 -Paradise, CA – the most important small town in the US that provide safe haven for human like ET race, Centaurians.    There are many 500 – David guessed.    -There are only 2 cities like this in the US.   One is Paradise and the other one is in Neveda, but David doesn’t know where. -David had pictures where you can see laser beam came down from the sky to ignite the fire.   (DEW)?     -The fire spread so fast.   People didn’t even have enough time to get to their cars. -They can’t live above the ground for too long.   So they have elevator inside their house that goes deep down to the underground base.   Centaurians:               -they are from Alpha Centauri -buffed, tall, very pale, white hair, dark blue/violet eyes,...
Read more

20191007-New Russian Payment System to Avoid USD

Jim Rickard（ New Russian Payment System Avoids U.S. Dollar ）: -There is a new secure payments channel between Russia and Iran. This channel does not use dollars and allows Russia to sell weapons to Iran and for Iran to hide reserves in Russia, free of U.S. sanctions and U.S. interdiction. -Now Russia has unveiled an even more ambitious payments system.   This new system will provide services similar to SWIFT (the Society for Worldwide Interbank Financial Telecommunication), which is the leading bank message traffic facility in the world today for funds transfers. -In recent years, SWIFT has become politicized. Iran was banned from using SWIFT from 2012–16. Certain Iranian banks were banned from SWIFT again in 2018. -Russia has never been banned from SWIFT, but the mere possibility gives Russia a large incentive to create an alternative payments system not subject to U.S. control. With this announcement, Russia is getting closer to that goal. -The new Russian system may quickly be ...
Read more

20190114-Bitmain-BTC goes down to $1800?

Crypto Cowboy: Problem with BTC space – centralization of the BTC.       The 6 biggest mining companies in the world are calling the shots and they are mostly Chinese.   Also big banks are entering the space.    Right now it looks like Bitmain is going down. Bitmain – has gone through a lot changes due to price volatility, political pressure, regulations 。。。 -Two CEO/founders are going to step down. -closing its 500 million project in Austin, Texas -closing its Israeli research and development office  -cutting up to 50 percent of its staff  Probably because of it, there are a lot of big dormant wallets (50 – 100+ BTC) that are becoming active and more on the selling side.    However, a lot of these wallets are active in the OTC market not retail but their activity might still affect the prices in the retail markets.   So in the short-term, BTC price might even go down to $1800 .   If it does, Crypto Cowboy thinks it’s a go...
Read more