![Con man uses Indiegogo crowdfunding gains to buy BTC Con man uses Indiegogo crowdfunding gains to buy BTC](https://coingeek.com/wp-content/uploads/2019/05/con-man-uses-indiegogo-crowdfunding-gains-to-buy-btc-380x188.jpg)
Con man uses Indiegogo crowdfunding gains to buy BTC
Douglas Monahan allegedly used money from his iBackPack campaign on “personal purposes,” namely buying BTC, according to the Federal Trade Commission.
Douglas Monahan allegedly used money from his iBackPack campaign on “personal purposes,” namely buying BTC, according to the Federal Trade Commission.
Indiegogo, a crowdfunding giant, quietly canceled its first initial coin offering (ICO), which raised $5.2 million in December 2017.
Indiegogo’s first security token offering (STO) is already available on the platform. The STO is from a luxurious ski resort, St. Regis Aspen Resort in Aspen, Colorado.