dimanche 13 avril 2014

Questions for Andreas Antonopoulos


In light of the extremely quick collapse of Neo & Bee, I think it's worth pursuing the fact that a major figure in Bitcoin was serving as an advisor to the board of an enterprise with a now-fugitive CEO whose whereabouts are currently unknown.


Andreas has been extremely quiet on this subject since the collapse. I think that is a disservice to his own credibility. Many investors in Neo & Bee were persuaded to give their money due to Andreas' association. I think the following questions would clear this up:




  1. Your title with LMB Holdings was "Technical Advisor." Were you compensated for this position? If so, how were you compensated?




  2. Did you, at any point, sell or attempt to sell Neo & Bee shares prior to the day CEO Danny Brewster left Cyprus?




  3. Were you, at any point, privy to financial information that was not available to either the general public or those who chose to invest bitcoins during the IPO?




  4. Some commentators have suggested you promoted Neo & Bee aggressively. Were you present at any Neo & Bee promotional events? Did you use your platform on Twitter, your radio show, or any other public event in order to promote purchasing shares in Neo & Bee or using their services? Could any of your activities regarding Neo & Bee be described as "marketing?"




  5. At any point in time, did you either explicitly or implicitly give authorization to CEO Danny Brewster or any other person affiliated with LMB Holdings to use your name in marketing materials aimed at investors?




  6. Prior to Mr. Brewster's departure from Cyprus, was there any point in which your affiliation with Neo & Bee made you uncomfortable? 6b. If so, did you express doubts about the company to any other person? Who?




  7. Can you describe your activities as a Technical Advisor? How often did you consult with Danny Brewster or other members of the team? What was the nature of the advice you gave? What technical information were you privy to?




  8. Neo & Bee's promoted their Bee platform as fully functional and able to process Bitcoin transactions. The University of Nicosia have stated that they attempted to use this platform, but found that it was hopelessly broken. Were you aware that the University decided to use competitor BitPay over your company's software? As both Technical Advisor and a teaching fellow at the University, would you agree it would represent a failure on your part to fail to recognize the loss of such a customer?




  9. You have stated that your role with the organization was one of merely giving occasional advice on technical matters. However, the December 13 announcement regarding your membership on the Advisory Board stated:




"Andreas Antonopoulos is providing advisory services to Neo & Bee across multiple areas of the business."


What areas of business did you advise beyond ones purely involving technology? Did Neo & Bee mislead investors as to the extent of your involvement in the company? If so, why didn't you ask for a correction?



  1. What research, if any, did you carry out on LMB Holdings or its CEO prior to choosing to affiliate yourself with them? What warning signs were missed?


I know there are a number of questions here, but I think it would be fair for Andreas to take a little bit of time to clear the air. I think these are fair inquiries to make, given the very sudden catastrophic collapse. I hope we hear from him soon.



submitted by WelpSigh

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