Elysian ICO Blackmailing and Scamming

Quote from: LBC LTD on August 22, 2018, 01:24:58 AM

The project Elysian has finished its ICO, Lost 90% of its value post ICO (sold for .12, trading now for .008) and is now attempting to blackmail its service providers into voiding their invoices and releasing Elysian from its contracts.

Elysian has informed its service providers that the $7 million raised during the ICO has been mismanaged and resulted in less then expected remaining to pay bills that are due.

Elysian only raised 307 ETH via the blockchain, The $6.9 million has never been verified or validated.

Elysian is claiming that service providers enforcing and holding them to their signed agreement is "scamming"

Elysian are deluded and inept, The following post and logs will detail that easily

Medium post detailing the blackmailing and the mismanagement of funds - https://medium.com/@LinhartUK/when-icos-go-bad-51ca0063f0dc

Github link to chat logs - https://github.com/Linhart-Blockchain-Consultants-LTD/Public/tree/master/storage

I have invest to the ico .yes I can confirm is scam , and for sure is my last ico that i have contribute my 1200$ in pre sale with bonuses and other bulshit that they promised in pre sale that they never give just empty promises
At the moment 1200$ is 34$ they sold a big part from tokens that they buy in private sell only they was available to buy them in that price under a cent , that they sell them now

Topic: Elysian ICO Blackmailing and Scamming (Read 212 times)