Owner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000

  • The owner of a startup that never launched its initial coin offering ( ICO ) is trying to sell the project on eBbay for $60,000, according to an offer on the e-commerce website that expires Friday, March 29.
  • The startup , named “Sponsy,” is described as a blockchain project that is fully prepared to launch both ICO and security token offerings ( STO ).
  • The author of the offer claims that the project was audited by an investment firm and approved by investment bankers.
  • Moreover, the advertisement states that the solutions developed by Sponsy comply with European Union and United States regulations.

Read full article: cointelegraph.com