[Autopsy report of 35 “dead” VC coins]
35 “we failed” projects with financing of more than 5 million US dollars since last year:
>5 projects had to stop operating due to market problems
>7 projects were closed because the expected income could not cover the expenditure costs
>5 projects were finally closed due to regulatory factors
Other causes of death include: core team loss of contact, hacker attacks, investment failures, etc. Only some projects that took the initiative to close gave positive follow-up plans.
Who transferred the money?