There is a new investment scam targeting first-time founders. Here’s how it works.

SCAMMERS! SCAMMERS!

Photo by Lindsey LaMont on Unsplash

Getting funded is a pain in the ass and recently a new scam is hitting founders with little experience with cryptocurrency.

I’ve tried my hardest to simplify this but there may be some terminology that isn’t clear. All you have to understand is this: if you don’t…