I remember hearing about this great idea for a decentralised bank. However before I could find out more details it all blew up with the founder accused of all kinds of scams and crimes. Phew I thought, glad I didn't pursue that one.
Well it turns out (as if we couldn't guess) nothing was ever brought against him, nor was he ever arrested and he is now telling his story.
Its a long read, and admittedly I haven't followed it all or honestly know what is going on, but if you are interested take a look at the below Telegram and decide for yourself.