From the report of Asia Times on 14th January ‘19, Roberto Escobar, the brother of the late Columbian drug lord, Pablo Escobar, is running a crypto asset fundraising campaign to impeach, the current president of the United States, Donald Trump and remove him from office.
Roberto de Jesús Escobar Gaviria is the co-founder of the Medellín Cartel which is a highly organized Colombian drug cartel which was run by the drug lord, Pablo Escobar in the 1970s and 1980s. According to the sources close to the matter Roberto de Jesús Escobar Gaviria is running an Initial Coin Offering (ICO) of ESCOBAR which is a crypto asset based on the Ethereum network. The Initial Coin Offering of Escobar will be a stablecoin backed by the US dollar. This crypto asset fundraising campaign’s main objective is to impeach Donald Trump and throw him from the position of the president of the United States for reasons which are yet to be discovered.
Olof Gustafsson the CEO of Escobar Inc. has thrown much light on most of the details of the event which have led to beginning of the crypto asset. According to him, the firm had launched a campaign on GoFundMe which was a free online fundraising platform and a big sum of $10 million was generated within 10 hours before the owners censored it and shut it down. Gustafsson said that the Escobar Inc. has moved to a decentralized platform which will be away from central control. The website of Escobar encourages individuals to make donations so as to impeach Donald Trump. The site specifically states, “We need your help, the support of the people that agree that it is not fair to have a corrupt President rule over the free world and rule over the U.S.”
ESCOBAR is a coin which has one billion supply and is offered at one dollar per token. ESCOBAR will rival Tether (USDT) which is a stablecoin backed by the U.S dollars and which is tagged as the “World’s most popular stablecoin.” Escobar Inc has said that its crypto asset is more trustworthy than the Tether [USDT which the United States Department of Justice (DOJ) in November last year alleged to have been used in the price manipulation of bitcoin in 2018. ESCOBAR will be rival to coins from other firms because they have much market and business experience than others out there and Roberto Escobar has earned billions in his career.