FTC sues smart backpack creator for allegedly using crowdfunded money to buy bitcoin

The Federal Trade Commission is suing a man for allegedly running off with more than $800,000 he raised on crowdfunding platforms under the premise of creating a smart backpack and other products. The Vergefirst broke the news of the iBackpack investigation i… Read more: https://webnow.company/news/ftc-sues-smart-backpack-creator-for-allegedly-using-crowdfunded-money-to-buy-bitcoin