Next, it figures out the cost to acquire customers for a particular product. If a product seems like it would be cost-effective, the team then creates a handful of physical prototypes, which it shares with staff members and select members of its audience. Then, the team creates standalone webpages for the products to see if they can attract email address sign-ups from people interested in buying the product. If the interest is there, Futurism will take the product to market that way or using Kickstarter.

Grillo said the two arms of the business function independently. The company is also still debating whether to use Kickstarter again to bring products to market. Cryptocurrencies have been recognised as a promising financial innovation, offering security and privacy benefits for users.

While these digital currencies are mostly used for legitimate purposes, they could also be exploited for criminal or illicit activities. However, there is currently a lack of understanding regarding if and how cryptocurrencies are actually used for illicit or criminal purposes. To balance the potential risks of novel cryptocurrencies with their benefits, more evidence is needed in this area. How did we help? To help inform public debate and decision making on this issue, RAND Europe explored the uses of cryptocurrencies for illicit or criminal purposes, focusing on Zcash.

Specifically, the study examined: How cryptocurrencies may be used for illicit or criminal purposes, and how this occurs. To what extent Zcash is used for illicit or criminal purposes, and how this compares with other cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Monero. Commissioned by the Electric Coin Company, who developed and maintain Zcash, this study offers new insights for law enforcement professionals, policymakers, regulators and others interested in cryptocurrencies.

What did we learn?

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Su Zhu and Kyle Davies, according to the accusations, the still-missing founders of imploded crypto hedge fund Three Arrow Capital 3AC , which filed for bankruptcy last month. The pair — who are believed to still be on the lam , sadly without their new, stupidly-titled megayacht — over-borrowed and over-promised, all the while sweeping insolvency under the rug.

When the project finally collapsed, so did those who lent them millions and even billions of dollars — likely resulting in the market crash that caused a full trillion dollars to simply evaporate. And they had way more trust from the ecosystem prior to that. Zhu especially amassed a vast following on Twitter, where he would make wild claims about market "supercycles," urging crypto-happy followers to just keep buying — no matter what the market looked like at face value.

Really, though, the pair's outward facing bravado appears to have been a complete front.

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