The CEO of Skycoin, Synth, had a "leaked" audio clip of him saying that there was an insider trading group.
https://twitter.com/JaredDu71247146/status/1008469689314316288
- JaredDu71247146
Later on today, he said it was all a joke. We should not expect from any CEO. Period. Today he caused a dip of 30%, and it was all just a joke....
https://vocaroo.com/i/s0cH0S9CdVGj
https://vocaroo.com/i/s0jza3hMUBFL
Also, in the past, there were sketchy encounters on the SkyCoin subreddit. https://www.reddit.com/r/CryptoCurrency/comments/7yaydn/skycoin_is_banning_in_reddit_and_telegram_to/
This coin should be avoided at all costs and I personally would not touch it with a 10 foot pole.