Bad news for Qtum. I wonder how the Angel backers feel about all this and if they will be able to get their investment back. Glad all of this came out before the ICO.
A new level of FUD, you guys think Angel investors that invested millions into this project did without any due diligence, they are not any Joe on the street. Bitbay project has stalled for some time maybe the team is jealous of their former colleague success and trying to soil his image
Are there any proof of the millions that have been invested? or are you just listening to whatever Qtum releases. This project started to seem shady after the release of so called big Chinese exchanges that no one has ever heard of. Also, the 51% reserved for the ICO while the remaining 49% is for the team. With 49% of Qtums and all the bitcoins they would of obtained, they pretty much have control of the Qtum market.