And the scheme comes to an end.
Well done XBY team for keeping this lie alive for so long, there were still plenty of fanboys who kept believing for the last two years.
At least it serves as warning for future investments.
BTW I'm pretty sure Dave has started a new scam too. World is full of idiots and I hope not to be part of them anymore.
I think at this point, alot of the people that got called "fudders" have been proven right and vindicated in their own way. The founders wanted people to invest in the "idea" of the tech, rather than the tech itself it seems. Plenty of people saw the red flags with this project, but alot of people in the project like Meofherethere, Fishfishfish, Reclusiarh, Ccrevolution, Djc1973, etc would blindly defend this project and now the project is pretty much dead.
The real issue with all of this is that it could have been easily solved if the founders (and subsequently the team members) were to be more open about the tech and would have went through with demonstrating the tech to the community (w/ proper 3rd party audits included). The sad part of it all is that Dave seemed to be what held the project together and once he was gone, the moderators in the team closed the Telegram and the Discord for the project. After that, things pretty much went downhill for the project, and now even the official website is gone