Tag Archives: 45M

LoopX pulls exit scam, walks away with $4.5m in investor cryptocurrency

File Photo LoopX has pulled an exit scam after launching a series of Initial Coin Offerings (ICOs) which earned the startup roughly $4.5 million. The cryptocurrency startup promised to give traders consistent, high returns for investing in a proprietary trading algorithm. According to a cached version of the LoopX website — which has now gone […]

Cryptocurrency startup LoopX pulls exit scam after raising $4.5M in ICO

Another day, another exit scam: an emerging cryptocurrency startup more commonly known as LoopX has suddenly vanished out of thin air along with millions worth of its investors’ savings. The sketchy investment platform, which promised to earn backers’ money with its proprietary trading algorithm, has abruptly gone dark after raising $4.5 million in a series […]

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