Convicted Swiss data thief seeks crypto project funding
Data thief, whistleblower, exile awaiting an extradition ruling, and now chief executive of a new cryptocurreny project called Taboow.org, Herve Falciani is looking for funding for a live token sale.
Falciani, along with a number of Spanish partners, is promoting the organisation’s cryptocurrency to called Tabu. A spokesman from Taboow.org told Bloomberg that the project had attracted at least one investor and a commitment of a “few million” euros.
According to the website, the company is now conducting a live sale of tokens, with the pre-sale finishing on Friday.
Falciani (left) has a chequered past. He was found guilty in absentia of corporate espionage by a Swiss court in 2015 of stealing data from HSBC’s Swiss division which he then tried to sell before handing it over to French authorities.
He is still awaiting a ruling from a court in Spain, where he now resides, on possible extradition to Switzerland to serve a five-year sentence.
The Taboow chief executive said the new project was aimed at democratising finance and information.
He said in a press release: “Cryptocurrencies open finance to allow it to expand and not just remain in the hands of the few.”