Skycoin founder claims he and his wife were held against their will for 6 hours, over the course of
Skycoin website has released an official statement regarding recent event. Some really disturbing information was brought up.
"The trigger for the events (loss of price) was the discovery that the previous Skycoin China marketing team (EVOLAB) had embezzled approximately 100,000 skycoins over the course of the past half year. In light of this discovery and their failure to return or account for the embezzled coins, the relationship with this team was terminated.
Following this, at 9:30 PM on June 13th 2018, nine individuals, including/led by marketing team members Sam Sing Fong, Mary Li (李臻/李敏), Xiangdong Yan (闫向东) and Jesse Sun Fei (孙飞) burglarized Synth’s home. They proceeded to hold Synth and his wife against their will for 6 hours, over the course of which they threatened, beat and robbed them. Thanks to wallet security measures, the group was only able to extract 18.88 Bitcoin and 6466 skycoins during the robbery. The gang also attempted and failed to steal the design framework for the skycoin ecosystem.
The skycoin legal team will supply an update on the aftermath of the armed robbery at a later time."
These are really serious accusations which came on the heels of a growing scandal involving insider trading and pump and dump groups. Skycoin it self has been under scrutiny by users in the community for a long time. It eventually was completely banned from being mentioned on the top Reddit crypto sub r/cryptocurrency.
Here is an article from February from thenextweb.com
"It looks like a pre-mined ICO that’s waiting for a good time to… fail. We won’t mention the words “exit scam,” because the company is built on the back of its Skyminer hardware. All it has to do is keep convincing people to shell out $10,000 for magic beans (in the form of Skycoin) and all will be well in the mysterious world of Skycoin."