" My friends and I invested $1M in Lucas’ @wirelineio ICO in 2018
I haven’t heard from Lucas Geiger in months
Lots of false promises made by their advisor @zaoyang - such as @JUN_Omise would lead their marketing, @ethereumecf would be their investor "
1. they promised this would be ethereum community fund's first ever investment 2. they promised q2 2018 token release guidance 3. they promised jun hasegawa would mentor Lucas Geiger to lead a huge marketing campaign 4. they promised other investors were in the round: golem, augur, matt mullenweg, wendell davis, david lee (refactor), dhvc, hashed, qtum and others are investors. i never confirmed if they really were all invested, but this is what was marketed to me
however, they did falsely market the investment to me and that is something i do feel is illegal and not okay
absolutely they're under the jurisdiction of the SEC as they took money from US citizens
yes, almost all safts are depreciating if not totally worthless assets