Monkey Capital ICO (2017): Sale History & Outcome
Monkey Capital was a cryptocurrency hedge fund project that offered options called 'Coeval' for a planned token called Monkey Coin in 2017. The project attracted pre-ICO buyers but never issued the promised token.
| Token | Monkey Capital (COE/MNY) |
|---|---|
| Sale year | 2017 |
| Category | crypto hedge fund |
| Documented figure | not visible at the cited source |
| Outcome | fraud |
| Data tier | 2 — research-lane verified |
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What the record shows
The project collected cryptocurrency worth millions from early participants before abruptly canceling its planned token sale just before launch. A U.S. federal court in Florida ruled against the companies involved in August 2018, finding them liable for fraud. The record does not specify the exact amount raised before the project collapsed.
Era context: ico mania (2017–2018)
The ICO Mania period saw hundreds of token sales complete rapidly, with some setting fundraising records. Many projects failed afterward, leading to legal actions that reshaped the cryptocurrency market. Monkey Capital's collapse occurred during this wave of enforcement actions.
This sale is one of the 234 entries in our ICO Mania (2017–2018) era archive, part of the complete history of crypto presales — a sourced dataset where every figure links to the page that shows it.
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More from this era
- Munchee (2017)
- Mysterium Network (2017)
- Nimiq (2017)
- OmiseGo (2017)
- openANX (2017)
- Paragon Coin (2017)
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Sources
- https://www.coindesk.com/markets/2018/08/16/judge-issues-default-judgment-in-ico-fraud-lawsuit
- https://www.morrisoncohen.com/siteFiles/files/2018_08_14%20-%20Monkey%20Capital%20-%20Final%20Default%20Judgment.pdf
This page is historical research built from a sourced dataset — not a recommendation to buy anything. Token sales are high-risk. Money figures appear only where the cited source shows one. Corrections with sources: support@bmic.ai.