NextBlock Global, a venture capital company investing in digital assets that is going public in Canada and raising $100 million CAD ($77 million USD), falsely named four blockchain stars as advisors in an investor document. Through a press representative, Gifford stated that she is not an advisor and that she never spoke with Tapscott about becoming one. He then promised her he would issue a correction to potential investors who had received the misleading copies. An American crypto investor who received decks from three brokers but never received the “final” that did not include these four falsely named advisors said the four seemed carefully chosen. An RTO starts with a capital pool company (CPC) — a shell company — that then gets listed on TSX’s Venture Exchange.

Source: Forbes November 01, 2017 20:03 UTC