#KIBO

Kibo: the Entangled Tale of a Crypto Lottery

After our earlier feature on the accusations addressed to Kibo by some community members was published, ForkLog has undertaken its own investigation with experts, developers, lawyers and active members of the Russian-speaking cryptocommunity providing their assistance.

Users Accuse Blockchain-Based Lottery KIBO of Scam

As of October 1, KIBO has been running its ICO having raised Ethereum-denominated equivalent of $3 million so far. During this time, ForkLog received numerous letters from our readers pointing out about the project’s dubious reputation and going as far as accusing the platform’s creators of being downright scammers.