Anyone see or hear anything about this? Yotta which claimed to be a savings platform that allowed depositors a chance to "win" a prize now under fire as many customers are not able to access their funds. Any idea if Ken has involvement?
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First Moelis MD punching a black woman and now founder's son running a bank that can't give access to customer funds.
Coffeezilla did a feature on this one recently. They "pivoted" from a savings bank that talked about how lotteries just stole people's money into a literal gambling app. Super sketchy and yet another big L for influencer-promoted financial products.
Saw this video and that's what spawned the thought. I haven't been able to find anything that mentions Ken though.
You won't because Ken has nothing to do with it, it's his son Adam that's a co-founder.
Two things can be true at the same time. Ken can be unaffiliated directly with the business and Ken can be the billionaire founder of Moelis&Co who undoubtedly helped his son launch this endeavor. I was just thinking to myself, "wow maybe [@PrivateTechquity 🚀GME🚀] and I are on the same page about something" and then you ruined it.
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