Cryptocurrency startup LoopX exit scams with $4.5M in ICO

LoopX, the latest cryptocurrency startup/walk-out/up-in-smoke, has pulled an exit scam, leaving town with $4.5 million of investors’ money. LoopX was pretty barebones, judging by a cached page of its web site as of Saturday and from the description of social media commentators who’ve been keeping an eye on it.

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