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by ve55 3285 days ago
This is accurate, all of the ether that bancor owns it can do whatever it wants with - the investors get nothing except a centralized token (BNT) that Bancor can control completely (create, delete, etc, see https://medium.com/unchained-reports/bancor-unchained-all-yo... ), the investors do not get equity or insurance or any other similar guarantees.
1 comments

Wow that is truly unbelievable. Thanks for the clarification and the link (reading now).