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Peter Spina: Texitcoin collapse involved more than $100 million, new coin Iskander launched

Peter Spina: Texitcoin collapse involved more than $100 million, new coin Iskander launched
Texitcoin collapse and launch of Iskander

The collapse of Texitcoin resulted in a loss of over $100 million in investor capital.

Peter Spina, CEO of GoldSeek.com, noted that a similar coin named Iskander has since been launched, which he described as essentially a copy-and-paste version of Texitcoin's code. According to Spina, Iskander was mined in Dubai and promoted by the Tate Brothers for only $5,000.

Spina has previously commented on the mining sector, stating that silver is a strong buy at current price levels. He has also detailed Black Mammoth Metals' start of trading on the U.S. Nasdaq and its recent C$24 million funding round, with a focus on Western U.S. assets, according to a recent report. These remarks show Spina's ongoing engagement with commodity and asset launches.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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