The crypto space imploded yesterday as one of the hottest ICOs in the industry was deemed as a cleverly organised scam. The headquarters of Savedroid were empty, the CEO of the firm, Yassin Hakkir appeared in a Youtube video saying that the static display on the website stating that the company has disappeared with the money of 35,000 investors was a farse.

Mr Hakkir is greatly underestimating the intelligence of his investors if he thinks that this PR stunt which he calls “drastic campaign” will be viewed positively by the community. Not only has he undermined the trust of his investors, but also has greatly impacted the views of any prospective cooperators in the crypto space.

But let’s pause for a second and entertain the idea of the company not being busted. After all yesterday Bitcoin enthusiast Theo Goodman posted a video of the company’s office. On the video and from a couple of pictures posted today, we see that the office of the company is still empty and no computers are present anywhere near the LCD monitors.

In a blog post, Mr Goodman explains that nobody was present at the office of the company when he arrived there yesterday. The CEO, Yassin Hakkir, was supposed to speak at a Frankfurt event on the 17th, but didn’t show up.

According to the blogger, no persons were present at the office of the company today, and some people were cleaning up the premises yesterday. All the while, some people that have left the firm are still listed on the website of Savedroid.

One thing is certain, Mr Hakkir managed to piss off a lot of investors and some partners too.



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