Korean PureBit Either Refunds Ethereum (ETH) or Plays a Scam-in-a-Scam

PureBit, a recent ICO that went through an exit scam, has begun returning funds as a sign of remorse. The Korean exchange, which only existed for days, hauled away 13,000 ETH. The funds were marked as fraudulently taken, and the wallet watched.

This would be one of the more significant fraud returns, following the CoinDash hack, where 20,000 ETH stood for months in a hacker’s wallet before being returned to the startup.

The Etherscan wallets related to PureBit show the funds are on the move, getting distributed to …

This article appeared first on Cryptovest

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