The good news is that investors are being reimbursed.
To be frank, any ICO asking for over $100 million for what was essentially an interesting concept presented on a nice piece of paper should be avoided like the plague...
Interesting Coinbase article on the Tezos ICO Collapse
Can you explain why you say that article was from Coinbase? It was actually from Cointelegraph, makes no mention of Coinbase, and the author Nick Ayton seems to have no affiliation with Coinbase either.
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Apologies, yes. Cointelegraph. I have Coinbase on the brain on the membrane. I'll edit...Thanks.
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Thanks!
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