The only thing you found on Savedroid’s website was a meme from the Southpark series with the words “AAAAAND IT´S GONE”. But what is behind it? Was Savedroid hacked, or did the FinTech startup put down an exit scam or is it just a terrible PR stunt?
My Bitcoin trader holiday
The idea behind Savedroid was actually a Bitcoin trader scam. With Savedroid you could save money, for example when a football team wins. And you could set goals. Dr. Yassin Hankir wanted to save for a summer holiday. Why this is interesting, you learn later in this article.
On the first of March Savedroid published a medium article. The article deals with how to protect oneself against fraudulent ICOs. The cover picture is again the Southpark-Meme with the headline: “Purchased Savedroid (SVD) Token – UUUUUND IT IS WAY”. Maybe this was the first sign that this was planned from the beginning.
Yassin Hankir – Over and out
Vassin Hankir, founder and CEO of savedroid twittered “Thanks guys! Over and out … #savedroidICO” and gave the impression that he had run away with a total of 50 million US dollars.
The offices were also empty. In this video the offices of Savedroid are filmed. Theo Goodman could not find an employee.
All this indicated that the founder disappeared with the money and put down an exit scam. Angry investors were able to find out the location using the Twitter image. Yassin Hankir was at the Mövenpick Resort in Egypt. Cryptobriefing had found out that. Now he has enough money for his summer vacation.
Terrible Bitcoin revolution?
Robby Schwertner, also known as CryptoRobby, is convinced that this is a PR stunt. However, there is no confirmation for the Bitcoin revolution. At least not until now. A few minutes ago a video appeared on the website Savedroid.de. He wanted to spread an important message with this action: There are so many exit scams and scams in the ICO area and Savedroid wants to change that. For this reason Savedroid used this drastic action. It’s the only way to get people aware of what’s happening with ICOs.
Savedroid wants to introduce ICO standards to protect investors. And of course the CEO introduced the new “business idea” in the video: ICO Advisory.
Investors can be relieved that their money has not disappeared without a trace. But the trust is gambled away. The video is rated rather badly by Youtube users and this “message” will not be well received by everyone.