WildShark stated that ION is not a crypto project. I repeat, ION is confirmed by WildShark to not be a crypto project.
Invest with EXTREME caution as ZERO transparency is now the game. They converted to cash which is now untraceable or verifiable.
So selling the recieved btc for mid 700s in price was a bad move and illegal for the team to do as it makes it a non crypto project? I mean circle lets me hold my balance in usd? Does that mean i dont use/dislike crypto? Seems to me that was a wise decision as they gained value to benefit the project,as any smart business would do?
It's a risky move to do behind the scenes. What if it went the opposite way and they lost hundreds of dollars per Bitcoin cause the held it in cash?
I don't like it cause now they can't be transparent. You can't see how they are spending said cash. No accountability now. That cash now cannot be tracked. Crypto was made for transparency and accountability and they just took that aspect it of their project. I don't like it and it's just my opinion.