The founder of blockchain game development startup Komodore64 has been arrested by Dutch police over the charge that he has raised 78 million euros ($86 million) from investors. Launched in June, Komodore64 wanted to create a game platform where transactions are tracked on blockchain but it turned up a fraudulent scheme that deceived both investors and its own employees. The project and it's crypto coin K64 which secured roughly $86 million have declared bankruptcy.
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