A growing list of cryptocurrency-themed projects has turned out to be complete scams. Most of those ventures are no longer around, although there are some exceptions. In the case of Karatbars, it seems things have begun to unravel in quick succession. The project is under investigation for a variety of reasons. Karatbars and its Gold Reserves Regulators in the US have taken offense to the Karatbars project. Not just because of its upcoming crypto bank venture, but also because there are a lot of factors which simply do not add up. The company behind this venture raised $100m through an
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