The project Bitcoiin2Gen announced that its founders and Brand Ambassador Steven Seagal are both leaving the organization following the completion of the initial coin offering (ICO), according to a press release March 26.
Seagal joined the project amid allegations from a variety of industry publications that the Bitcoiin project was a pyramid scheme or an MLM company. The project responded, explaining that their pyramid-shaped commission structure of the staking and referral program would only be operational during the ICO while Steven Seagal’s involvement was sharply criticized on Twitter.
So right after the $75 mln are raised 2 of the main people in the project leave so what happend to the investors money? Is it gone? As of now, Seagal didn't commented yet. The domain should be transfered to a community member or multiple members according to their plans.
It doesn't look good for the investors. If anyone have more news, let the community here know!