Another One: Live Porn ICO’s CEO Goes Missing

0
live porn ico ceo missing

Discovering porn-based ICOs on the cryptocurrency market is nothing shocking nor new. And when considered, makes sense like peanut butter and jelly. Though, to-date such tokens or currency haven’t made any dents in the market itself or made anyone a millionaire, there are performers in the porn industry who’ve made a successful living streaming live shows for Bitcoin, Ethereum and other crypto.

Jonathan Lucas presented the white paper for Fantasy Market roughly, Fall, 2017. He presented a currency which could be utilized for live streaming porn shows. The first ICO of its kind and seemed worthy of its attention it received.

Lucas was asking for $25M. As of the tail-end of 2017, it’s suspected he was sitting on approximately $4.4M in investments, despite Lucas telling others he was getting closer to reaching his goal.

When the investors stopped hearing from Lucas, they knew something was obviously awry. The confident CEO had given numerous interviews in support and to promote his ICO. He was in contact with everyone, and once he started talking, Lucas apparently wouldn’t stop. Which is why when the charismatic man behind FMtokens went silent, alarms rang.

 As of writing this, the Fantasy Market promotional video remains on Youtube and some market information sites, still feature the ICO. Was “Jonathan Lucas” even his name? Is he transferring their investment into another? Rumor has it the disappearing CEO is trading and out there utilizing various exchanges. Is he investing the money gained in effort to reach his goal?

Phony ICOs have happened in the past and will probably continue to happen. The problem is when the ICO in question, makes sound sense and could be a potential hit, actually valuable. It’s hard to distinguish phony from real these days, not just in cryptocurrency.

But for those who prey upon investors, as long as there’s no government regulation, the con is on. There are indeed cryptocurrency and deep/dark web departments within the FBI and some other countries’ governments. But as one might imagine, the activities are vast and endless.