Monday 11 November 2019
The founder of Dutch blockchain game company has been arrested after reportedly deceiving suppliers, investors, and employees, leading the firm to bankruptcy. Game startup Komodore64 claimed to track the sales of its in-game collectibles using the Komodo blockchain. Since launching in March, it claimed to have raised over €78 million ($86 million) from private investment, Dutch business outlet Sprout reports. Further investment was reportedly also made into its associated cryptocurrency token, K64. In one instance, an investor told Sprout that they handed over €600,000 ($662,000) to the game firm. However, after failing to pay suppliers and employee salaries, the business…
This story continues at The Next Web
