Savedroid which raised roughly $50 million USD has exit scammed, and they're not even pretending they didn't.
Few people reading this right now will be surprised, ICO exit scams have become commonplace in the world of cryptocurrencies. The craziest thing about these exit scams is the coins don't go to 0, in fact people are buying right now in anticipation of a deadcat bounce. When Bitconnect announced they were closing shop the price immediately dropped only to bounce back up.
The signs were there. Yassin Hankir's twitter has several posts saying contribute now to participate in our #Airdrop and become a #Crypto Millionaire. Time and time again ICOs promising massive gains turn out to be exit scams.
If something sounds too good to be true it probably is. As always, do your own research and stay safe!
