Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 22. (Read 125671 times)

With the ICO Envion has sold 86 million tokens. Many of them with discounts. At a price of an average of 80 cents, a volume of $ 68 million is expected. The difference between deposits and existing values ​​is about $ 8 million. Accordingly, investors can assume that a large part of their deposits still exists. That's the good news.

The bad thing is that there are even more tokens whose legal claims are unclear. Investor-signed tokens should include 5 percent of Envion itself, 10 percent compensation to founders, and 2 percent advertising to Blogger and others. Another 12.6 million tokens were placed as part of a pre-sale with larger discounts. The management accuses the founders of having created additional tokens without authorization. It is undisputed: Thanks to favorable prices, values ​​of around 100 million dollars were temporarily available.

Now threatens liquidation

The PWC and BDP auditors both refused to step in as auditors of Envion because they did not have access to ICO data. Without data, the suspicion of fraudulent manipulation can not be dispelled. The founders confirm that they have retained data to prevent hostile takeover by senior management.

Without auditors, there is an organ deficiency. So the placement of the tokens would only be allowed with a banking license. The suspicion of a missing permit is also the reason why Finma has intervened. Now there are three options: First, obtain a banking license, which is unrealistic, simply because of the lengthy procedure. Secondly, use an auditors - the necessary solution to the blockade, however, does not stand out. And third, the liquidation.

Due to the lack of organs, the Zug Commercial Register Office has already made representations to the cantonal court Zug. The court set Envion a deadline to appoint an auditor. This expired on September 13th. The court will soon decide on the liquidation. According to authorities, this is a formality if no solution has been found. If another four-week deadline expires unused, the Konkursamt Zug is charged with liquidating Envion AG. (Editors Tamedia)

Quote from https://www.bernerzeitung.ch/wirtschaft/unternehmen-und-konjunktur/Angeschlagenes-BlockchainStartup-kann-Anlegern-Geld-zurueckzahlen/story/24701692

Nothing means for investors this liquidation since they are from all over the world. It is always a lengthy and full of headache process to recover your funds. I have no hope that everyone will see his/her money back. They still will remain with lot of money in hands. Even if they release tokens now to those helped them get over $100 millions has no value without support and usage anymore.

For investors, all is not lost

Read one of the latest articles in German:

Auf den steilen Aufstieg der Envion AG folgte der schnelle Abstieg. Was bedeutet das für die Anleger? - https://www.inar.de/auf-den-steilen-aufstieg-der-envion-ag-folgte-der-schnelle-abstieg-was-bedeutet-das-fuer-die-anleger/

On the steep climb of the Envion AG followed the rapid descent. What does this mean for investors?

Is the liquidation of Envion AG imminent? What does a liquidation mean for investors from the ICO?

Investors of the ICO can secure access to existing assets by claiming damages. - Additional investor lawsuits filed against the prospect holders of the Envion ICO in front of the LG Berlin

But CEO of envion is very clever, project is dead in my opinion because removed from HitBTC exchange and disappear very soon.
I don't think bounty hunters will get reward, check price on CMC 1$ to *0.03$ . Big lesson for crypto investors.  

Read about it, they can't do it now as they are being investigated by Finma. To be quite frank, i don't think you invest much of your time if you haven't been even bothered to  follow the case.

don't to cry, it has become our risk as a bounty hunter, Envion was predicted to be a Top ICO, and indeed they have already got 117 million USD,
unfortunately Envion ended up very sad and already scam

Not clever team and not exclusive poject now. And where is tokens tradable? It's looks like joke, but they still didn't sent me bounty tokens!
Why? I think it's just a human greed(((

I think i saw something about that too... There are lot's of good sides on using fiat money and banks that cryptocurrency enthusiasts sometimes overlooking.

Are you sure? Can you provide a link or something?

I don't understand this too especially when the price for BTC and ETH was so good after Envion ICO. We all know that 50% drops are common in crypto so why they decide to left this funds in crypto? I don't know. If this was my decision I would sell because if not I could not sleep with such highly volatile assets in my portfolio.

New projects popping up with a little rehashed Envion idea. Keep asking myself another scam or this mining thing could be finally profitable if done with the right people?

forget about the bounty for now and this project is not stuck in the middle of its launch
because of its member sold envion token illegally to the envion community
right now the case is in the court and its decision is pending. it means that their is still a hope that this project will survive but can't say anything until the final decision from the court and the envion team

Hello people... i bought this ICO and did not follow the news and the launch, I did not move my funds.
Can someone update me resume >what happened< ? I'll get bounty for this long period hold?

After 6 months it is not possible to get refunded using credit card so you should have wait until officially they start doing this process to send back money to investors. I think this is very long process at the moment we have very limited info about this.

I think this will be a good info for people who bought using a credit card.

Yesterday I have read on Telegram that somebody got chargeback lately from Visa. So there is still chance even if you purchased ENV tokens with your CC. This person claimed that Finma case is enough reason for the bank to give back the money. So if they ask why just tell that they are scammers and already Finma has started a case against them and you should get your money back which is great, I think.

Plastic still fantastic as we see.

Not sure if you could call bounty hunters wrecked, they haven't just gotten their tokens (yet). And since those tokens are worth nothing, it might be better for them to just hold on anyway until there's a possible solution to this.

Yeah worst things have been happened already i think, when investors lost money and hope on this project and bounty hunters wrecked as well.
Nobody knows what's goin' on here with this project, FINMA still investigating or not. No final statement! 

How are things getting worsen day by day if we don't have a clue what the Finma is deciding? It went to worse already, and at the meanwhile, we have no idea what's happening next.

At start it was hard to believe but once the whole drama was exposed publicly and still some people were defending them openly. You can see on previous pages before and after last pump few newly created accounts were trying to prove other wrong by pretending that everything is normal and will be back. Now after so many months nothing changed and getting worsen day by day.

already since the first time ENVION will do or launch their ICO, someone reports that ENVION is a scammer, and many people oppose it, and the result is that the bounty is not paid and they leave investors just like that

I find it strange that it's even legal for icos to leave the invested money on a speculative asset. It's like they are gambling with your investment without asking.