What's it called when the owner of a website abscons with $41million in bitcoin donations, intended to fund the operation of the site, and then suddenly shuts the site down because "there's no money"?

What's it called when the owner of a website abscons with $41million in bitcoin donations, intended to fund the operation of the site, and then suddenly shuts the site down because "there's no money"? (whatever)

submitted 3.9 years ago by Nosferatjew

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crazy_eyes 3.9 years ago

$41 Million?

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Nosferatjew 3.9 years ago

Just a little thing I saw somewhere anout the voat bitcoin wallet having 2000 btc in it until Dec 15 2020.

I've seen this breakdown too, showing that @Puttitout still has several hundred donated bitcoin transfered to a different wallet, that is currently worth several million.

No matter how you slice it, $41million, or $9million+, my original question still stands: What do we call this sort of behavior?

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crazy_eyes 3.9 years ago

thanks for the info

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