Seele and Bounty0x Partner to Apprehend the Telegram Thieves
https://blog.bounty0x.io/seele-and-bounty0x-partner-to-apprehend-the-telegram-thieves-476b67d95934Seele and Bounty0x Partner to Apprehend the Telegram Thieves
We are proud to announce that Seele is partnering with Bounty0x in an effort to find the criminals who stole ICO contributor funds and bring them to justice. The bounty is live here with 100 Eth reward
Bounty DetailsSeele Scammer Apprehension — Scammer hunting bounty
Seele is driven to find the perpetrators of the recent telegram scam, and has chosen to allocate 100 Ethereum worth of Seele tokens for the apprehension of the scammers. The team will be setting up a 45 day campaign, where those that have provided information on the criminals will be rewarded accordingly for their intel in finding the guilty parties.
If the thieves are found, 100% of the bounty allocation will be dispersed amongst the bounty hunters that provided relevant information. If the criminals are not found, they have graciously agreed to still pay out 50% of their campaign allocation to bounty hunters, in return for efforts in finding the perpetrators.This is a very considerate notion by Seele, and signifies the dignity and sincerity that the team holds. We hope that our efforts at Bounty0x, along with that of the Seele team and the community can result in the apprehension of these criminals.
Background Information
Over the past year, cryptocurrency has exploded. New blockchain companies often enter the arena with the launch of an ICO (Initial Coin Offering), a method of raising funds for the overall development of a project. Recently, scammers have been targeting popular ICOs amongst the crypto community, due to the overwhelming support and funding that these companies are able to attract.
One of the most recent projects that have unfortunately encountered fraudulent activity is Seele. Seele is arguably the most promising project of 2018, showing amazing potential due to their team and tech. Recently, Seele fell victim to a malicious scam in their Telegram group, where scammers wrongfully obtained funds from others.
This is not an uncommon event in the crypto community, as many ICOs have also suffered from fraudulent attacks. Usually, the majority of these ICOs try to remedy the act by offering a generic apology to those affected, with hopes that the topic would be soon forgotten.
Seele has taken a different and more sincere approach to this issue. The team at Seele has vowed to refund each and every one of the victims of the robbery, and allow them to also have allocation in their already oversubscribed ICO.