Has this been confirmed to be a scam or is there still hope left for BITBASE? A lot of people doubt this is serious. How much did the dev collect?
Dev is now a millionaire. . . 13 million dollars. This is just money from the ICO.
Also, you got to take into account some people sent BTC over to the internal exchanges and couldn't withdraw.
Also, you got to take into account he dumped with yobit on coinexchange as well at $6.
So total profit is hovering around ~15-20 mill dollars

How did he manage to raise $13 million without anyone seriously questioning his intentions or project? This is not just some newbie losing a couple k dollars, but millions and millions of dollars. I don't even know whom to blame. I start thinking people deserve to lose money if they throw such amounts after someone who could easily disappear. Maybe all victims should overhaul their due diligence process...