Crypto.com Sold to Monaco (MCO) For Millions

After being approached by multiple entities and being offered plenty of money, Matt Blaze refused to sell his website, TechCrunch reported that Monaco purchased the domain for an undisclosed amount. Monaco is known for its cryptocurrency token MCO and a Visa debit card backed by cryptocurrency; after the domain sale, the company is rebranding itself as “Crypto.com.”

Blaze, a well-known professor of computer and information technology sciences at the University of Pennsylvania bought the domain in 1993. At the time he registered the domain due to its relation to his interest in cryptography, hence his position as a director of the Tor Project.

While Blaze might have finally sold Crypto.com, however, his personal site still warns visitors against investing in cryptocurrency. “Many cryptocurrencies are scams, and I strongly advise against their use as investment vehicles,”