In February, CEO and founder Rudolf Markgraaff said he is in talks to raise $70 million. However private messages have been shared where Rudolf Markgraaff offers these tokens or so-called securities to friends at 0.50 USD a token. Shaun Kelley, one of the plaintiffs and a former Motocross pro, alleged that he was offered one million TurnCoin to join the project as a sports ambassador. Markgraaff, apparently unfazed by increasing regulatory scrutiny of operations like his, continues to evangelize VirtualStax with near-hagiographic pronouncements. 2021:> on behalf of Rudolf Markgraaff <[email protected]>Sent: Thursday, July 29, 2021 5:31:16 PMTo: xxxSubject: DO NOT MISS OUT…Join our Launch: Friday 30 July!

Source: Forbes July 24, 2023 12:57 UTC