Published on June 21st, 2018 | by bitcoin0
Skycoin plumments after Criminal Allegations
After flirting with a top 50 ranking on CoinMarketCap, Skycoin currently sits at #150, with a market cap of US$ 60 million.
A recent Team Status Update details actions taken by the Skycoin China Marketing team.
Skycoin has responded swiftly to both the embezzlement and the robbery, alerting major exchanges that list Skycoin.
Most importantly, an audio recording was leaked on Twitter, allegedly of Synth, speaking about an insider trading group for Skycoin traders.
On June 17-18, Skycoin dipped from US$ 11 highs to lows below $ 7, and has continued to move sideways since.