They apparently returned 90% of it, I'm not sure where the $13M was spent. (To be clear, I'm not suggesting this is a scam per your definition, just a failure o

They apparently returned 90% of it, I'm not sure where the $13M was spent. (To be clear, I'm not suggesting this is a scam per your definition, just a failure of DD on the VC's part.) https://www.wsj.com/articles/stablecoin-project-basis-is-shutting-down-after-raising-135-million-11544730772 https://www.wsj.com/articles/stablecoin-project-basis-is-shu...