Pub owner convinced 'hundreds' in UK village to invest in shitcoin
Hundreds of investors from a small idyllic village in the UK have seen their investments plummet after a pub landlord convinced them to invest in Koda, a crypto project that would supposedly turn them into “millionaires,” according to a BBC documentary. Koda was launched in the summer of 2021 by James Gale, who was soon after known as ‘the Wolf of Crypto.’ The token was pitched as an alternative to fiat currency that Gale promised would “make everyone involved in the project millionaires.” Koda was publicized by national papers and caught the hearts of the UK village of Winchmore Hill, northeast of Slough. Pete Gilbert, the landlord of the Potters Arms pub, was the first to invest. He told The Sun, “I can smell money from a mile away and this stinks of it more than anything I’ve experienced in my whole life.” Gilbert convinced friends, family, and pub regulars from the village to buy the crypto. The landlord even set up crypto nights at the pub with members of the Koda ...