Likely story is Moolahs assets will be frozen/seized. This means SYScoin will NEVER see the escrowed funds. This is real talk, be prepared for some serious turbulence. I for one am moving my small SYS investment into something else for the time being. Sorry everyone.
It's bad to hear you want to move away from SYS in a situation the coin itself is not harmed, the development continues and a company fails that does not own any of the SYS development.
Once again, chosing moolah as escrow provider appears a very bad choice in the light of recent events.
But Moolah does not own the team or any development of it!
So true, but after a botched launch and now this, I wonder if this coin is cursed!!!
Botched launch is pretty strong words, their launch problems where there but with 40% plus more coding and six months coding labor, calling it botched is strong. They had some issues but all were worked out.
After that launch and people with attention spans of 5 years on in cryptos panic selling, things by now have been smooth sailing if not for moolah and Ryan Gentle.
Ryan Gentle has been really the only thing that has hurt this coin, as development has not stopped, coin has more stuffing going for it than 99% of all cryptos.
This is purely a FUD issue with Moolah at this point, and once it's settled this people will be very shocked what's coming if they looked at the roadmap and even took the time to talk to developers in IRC. They have been most transparent, and honest and upfront that any coin developers I've seen.