Controversial Founder Pearl Kapur Launches New Crypto Product Amid Scrutiny
Pearl Kapur, under fire for alleged misrepresentation in past ventures, has launched a new blockchain platform via Zyber 365 Labs, raising fresh questions about his credibility and the company's true capabilities.
Delaware, USA – Pearl Kapur, the embattled entrepreneur behind multiple disputed ventures, has launched another blockchain product through Zyber 365 Labs Technologies Inc. The new platform offers smart contract auditing and market sentiment analysis, arriving just months after Kapur faced allegations of misleading investors in previous projects.
The announcement comes despite unresolved questions about Kapur’s self-proclaimed billionaire status and past business dealings. A recent Business Today investigation (Oct 4, 2024) highlighted discrepancies in his claims about wealth and company valuations.
In a statement, Kapur framed the product as innovative: “This platform represents the next evolution in smart contract safety and decentralized intelligence.” However, industry observers note the timing coincides with Zyber 365’s recent relocation from the UK to Delaware, USA—a move some speculate could be tied to fundraising efforts.
Key Concerns
Kapur’s previous ventures remain under scrutiny for alleged misrepresentation
No independent verification of Zyber 365’s claimed AI auditing capabilities
Platform launched amid ongoing questions about the founder’s credibility
The company has not addressed whether this product will follow the same aggressive token-based fundraising model used in earlier projects. Legal and financial experts advise caution, noting Delaware’s corporate registry lacks transparency about the company’s funding or ownership structure.
When reached for comment, Kapur redirected inquiries to Zyber 365’s marketing team, which emphasized the platform’s technical features but declined to discuss past controversies.