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so the Mycelium CEO is a Scammer ?
Who Woulda Thunk ?

he raised 5000 btc for 5% of Myceliuem and almost a year later
no exchange to trade.

Is it confirmed that mycelium & mass network scammed its investors and run away with that much BTC?

5K BTC raised by mycelium for just 5% of that company and nothing to show up yet or no updates! These guys are pros!

This concern has been raised on reddit only once - by one single dude with low karma https://www.reddit.com/r/Bitcoin/comments/5iq41d/mycelium_fraud/ and u believe it? Mycelium serves a noble purpose, it facilitates transition of bitcoin ecosystem from an unproven sandbox environment to a mature and hugely hyped 18 billion industry. If u havent yet purchases their shares, its time to go and throw some cash on mycelium.

Look at this faggot tryna shill me Mycelium Tokens
I know what i'm talking about i bought the ICO, disgusting...

Kuzmin is a convicted fraudster who has served jail time - http://rusnewsjournal.com/3/69588/

That was long time ago, and it was in Russia. You never know who was right and who was wrong there. Russian justice system is very questionable, and always have been.

So that is not something to base on.

However I don't really understand how Kuzmin and Kontegna could still have good reputation among Westerners, while being involved in several scam endeavors. Most probably they cannot be sued for what they did, but such actions could ruin theirs reputation, so no serious people do any business with them anymore. If they continue to ignore their investors, they (we) need to make their scams visible, and spread the word.

He was the mayor of a town founded by his father, and was jailed for misuse of public money. I'd say that's a lot to base something on. Given lots of people have just handed over what is now worth $350,000 to him AND not seen a cent back in delivery.

He was accused of using public funds for personal business, travel and such, by the competing party in the elections. He was jailed for that accusation for a few months, waiting for a trial, and when the trial came, they couldn't bring up any actual evidence, so they just fined him a few thousand dollars (like $4k or less) and let him go. The competing mayor won the subsequent election, and Kuzmin has been an anarchist ever since. Supposedly that's how electorate positions typically change hands in corrupt Russia: accuse your opponent of doing something illegal and jail them without evidence.

So convicted fraudster is innocent and was the victim of corruption. Whats the excuse for disappearing with the mass ico funds?
KUZMIN IS A CRIMINAL.