Cryptoeats disappears after collecting £ 500 from the token sales-

Cryptoeats disappears after collecting £ 500 from the token sales-

cryptoeates, a company that reported reported in a round of financing in Serie A 8 million to build a crypto-based Ubereat alternative, disappeared after the introduction of his tokens. It is estimated that the startup could have taken more than £ 500,000 from the investors after the introduction of its official token called "Eats". The alleged fraud was promoted by British influencers and produced corresponding clothing and even organized a launch party in London.

Cryptoeateats initiative disappears after token-start

cryptoeates, a company that suggested to develop a crypto-based over-the-theater alternative, disappeared only a few minutes after the introduction of his official tokens from the Internet. The company that had an official website and claimed that he had collected funds for the creation of their proposal stated that they had carried out a public beta of the service and to work with food chains such as Nando’s and McDonald’s.

In addition, the startup claimed that they have already taken more than 100,000 customers on board who have registered to download the app and use it on the start day. But the developers of Eats, the native token of the platform, emptied the wallet with the funds from the original token sales and, according to the investors, stole more than 500,000

cryptoeats looked legitimate

cryptoeates ensured that they were legitimate before they disappear. For the first time, the company published a PR declaration in which it claimed to have raised $ 8 million in its Serie A financing round in 2020. In the PR declaration published on October 16, it was said that the company would "take a large part of the $ 16.6 billion". Delivery app market. " The instruction was issued with Globenewswire and was presented on the website of Yahoo Finance, but both references have now been removed.

At the local level, Cryptoeats also did his work to Influencer, to to make the new initiative known in your fan base. Joey Essex, a reality TV star, the cryptoeate, specified He complained to local media. Essex emphasized:

I cook. This company used my name to get many people to invest money. It is disgusting and I feel sorry for everyone in this situation.

But Essex was not the only local celebrity that promoted cryptoeates. Many other influencers took part in a launch party in London last week, in which cryptoeates clothing was shown and worn by some of the assistants.

What do you think about the whole cryptoeats fiasco? Tell us in the comment area below.

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