Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
LiskHQ
on 25/05/2016, 14:59:50 UTC

It seems like funds from the advisor fund have moved and probably sold. Intentional or account compromised?


My guess would be that they had agreements with some of them to give them a portion of the adviser ICO funds in exchange for their assistance leading up to the launch. This is common practice for startups. They probably sent the agreed funds to whoever helped them. You should be able to see where the funds went in the block explorer and determine if they went to the Polo wallet or not.

Yes. We have a few advisors which are not announced yet. They are big personalities in the blockchain industry and we will announce them at the best possible time (marketing-wise). This is obviously not at the moment.

We needed to send the coins to them before any trading activity happened, in order to not get them into tax problems. The amounts were declared and sealed months ago. We will issue a blog post about the current situation this evening. There, I will go into detail about that again.