Matchpool Cofounder Quits on Claims of Misuse of Funds

physes [3:16 PM] @channel I regret to announce as cofounder of Matchpool that I am leaving this project. I was involved in architecting Matchpool, writing the white paper and writing the first draft of the smart contracts. I was not involved in the implementation of the ICO. I have asked internally what is going on with the funds you sent to Matchpool, but have not received a satisfactory answer.

Over the last two days 37500 ETH has been withdrawn from the multisig wallet by the CEO, Yonatan Ben Shimon without any explanation or announcement due to the need for "hedging". Yonatan keeps claiming he's working with Bitcoin Suisse and it's all okay, but so far I haven't seen any evidence of this. I suggest you all demand an explanation and keep a close watch. In all likelihood your guppies are worthless- the terms and conditions seem deliberately designed to prevent contributors having legal recourse in the case of misuse of your money. In either event, I believe the standards of transparency and integrity in this organization are well below what is needed for a blockchain project, which is why I can no longer a part of it.

https://etherchain.org/account/0x72a7197bbccbe6ee1e9c688645436ed06017768a