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For some context, here is a reply of the accused / singled out person on their Twitter account: > Some fake news circulating around lately, to clarify: 1. I'm
by Sujan 8y ago
For some context, here is a reply of the accused / singled out person on their Twitter account:
> Some fake news circulating around lately, to clarify: 1. I'm a shareholder of oBike, owning 23.58% stake, my title has always been Founding Investor&Chairman in that company 2. Avazu was founded by me sorely, my grandparents are 80+ and can't even handle computers
> 3. oBike Singapore has been shut down due to economics, the decision was made among all shareholders, no need to generalize/personalize 4. oBike has no intention or need to run away with deposit, instead the company is proactively looking for a solution with the related parties
> 5. I'm an investor and shareholder in 100+ startups and companies globally, I'm also the direct founder of DotC United Group, some of these ventures cooperate with other block chain companies, that doesn't mean all these companies belong to me.
https://twitter.com/yishi888/status/1013667238191067136 https://twitter.com/yishi888/status/1013667238191067136
- dragonsh 8y agoWe will know when the deposits are returned back. Let's see if the company run away again legally with people's deposit. Given people waiting for deposit return, it's a clear sign of fraud. Removing the deposit option from mobile app is a direct indication of that intention. Crypto currency is not protected investment, but the financial deposit taken in fiat currency should be, not sure if Singapore govt will protect the poor depositors who may loose their money and this guy will still continue to keep raking in money with Ponzi crypto schemes.