$86 Million: Blockchain Game Startup Founder Arrested After Defrauding Investors

$86 Million: Blockchain Game Startup Founder Arrested After Defrauding Investors | CryptoGlobe

The founder of a Dutch blockchain game startup has been arrested after reportedly defrauding investors, suppliers and employees. The firm, Komodore64, was supposedly tracking the sales of in-game collectibles using the Komodo blockchain in games it developed. Since its launch in March of this year it claimed to have raised over €78 million (around $86 million) from private investors, including Goldman Sachs.