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Maryam Manzoor  /  Cryptovest.com  | 

Giza ICO Scammers Make Off with $2 Million

Giza ICO Scammers Make Off with $2 Million Scammers steal $2 million by conducting allegedly fake Giza ICO, before dropping off the radar and leaving investors in the lurch.

An initial coin offering (ICO) for a startup called Giza has turned out to be fake, as the scammers behind the scheme appear to have made off with the funds (amounting to more than $2 million in crypto) and ditched their investors.

The Giza ICO was launched in January this year, with the startup claiming that they were developing a super-secure device to store cryptocurrencies, and a shadowy individual called Marco Fike purporting to be the COO of Giza.

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Source:
https://cryptovest.com/news/giza-ico-scammers-make-off-with-2-million/