🍁 Canadian police freeze accounts and seize luxury cars of ICO promotion company Vanbex during probe

Kevin Hobbs and Lisa Cheng, founders of blockchain service company Vanbex, assets have been frozen by Canadian police. Hobbs and Cheng raised $22 million for the launch of token FUEL for smart contract system Etherparty, a system that "developed no usable products" according to Canada's Ministry of Attorney General. No criminal charges have been filed, but two Land Rovers have been seized, bank accounts frozen, and court holds placed on properties in both Vancouver and Toronto.

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