Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday March 11, 2014

Crowdfunding 'Scammer' Speaks Out At SXSW

Ever wonder what happened to that Instacube Kickstarter project that raised over $620,000 before everyone disappeared? Well, read this and you'll know what happened.

As Peterson explained during a panel discussion at the South by Southwest Interactive conference on Sunday afternoon titled ‟I Ran an Extremely Successful Crowdfunding Scam," that high was to be short-lived. Due to problems with the project over the next several months, Peterson saw her health fail, her family relationships suffer, her personal information get posted online, and her voicemail overflow with angry threats. The launch date given on Instacube’s Kickstarter page was March of the following year. To this date, not a single unit has shipped.