It seems yet another fledgling cryptocurrency startup has pulled a Houdini. Distressed traders are flocking to Reddit to warn fellow cryptoenthusiasts that up-and-coming startup Confido, which recently raised $374,477 in an ICO, has vanished out of thin air. The company, which promised to bring a new decentralized trustless payment solution for online shopping, has suddenly taken down its website. Coincidentally, yesterday Confido suffered a 90-percent drop in value after informing investors a legal issue will halt development of the project indefinitely. In addition to this, the shady startup has also wiped its social media fingerprints from the web, closing down its Twitter,…

This story continues at The Next Web