Saturday, June 23, 2018 10:36:49 AM
For instance, there has been no clarity on what assets the company actually controls. Initially, it appears the company has investments in several cryptocurrencies. But there is no record of what exactly their investments consist of. Nor is there a record of where the funds previously raised have been spent. This is alarming. One would think that had the company invested in a handful of coins with the initial $8 million raise closed on September 25, we would be aware of it. The gains these investments would have seen as of late would be remarkable and would certainly bring in investors to Global Blockchain. Instead, investors are left guessing at what their money was used for.
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