Dutch blockchain game firm founder arrested after misleading backers with $86M investment

Dutch blockchain game firm founder arrested after misleading backers with $86M investment

The founder of Dutch blockchain game company has been arrested after reportedly deceiving suppliers, investors, and employees, leading the firm to bankruptcy. Game startup Komodore64 claimed to track the sales of its in-game collectibles using the Komodo blockchain. Since launching in March, it claimed to have raised over €78 million ($86 million) from private investment, Dutch business outlet Sprout reports.