It does not matter. We know it is another scam coin, the fact is the crypto wallet is still in the Signal app. If it is a 'toy' project why didn't they remove it already after years of developing it in the first place?
The CEO of MobileCoin already admitted to using MobileCoin to fund Signal [0] and Moxie being the original CTO and paid advisor of the coin as mentioned in the article; also meaning he was a paid shill and part of the scam.
They already made the effort to create, shill, and then dump the tokens as soon as it was listed on the exchanges. The fact that Signal already accepted the tokens in the first place tells us that they were most certainly involved from the beginning and were part of the pump-and-dump scheme of the token.
Since MobileCoin was pre-allocated with them owning over 50% of the supply with that being the only supported token on Signal tells you that both Signal, Moxie and MobileCoin are all complicit in the scam.
The CEO of MobileCoin already admitted to using MobileCoin to fund Signal [0] and Moxie being the original CTO and paid advisor of the coin as mentioned in the article; also meaning he was a paid shill and part of the scam.
They already made the effort to create, shill, and then dump the tokens as soon as it was listed on the exchanges. The fact that Signal already accepted the tokens in the first place tells us that they were most certainly involved from the beginning and were part of the pump-and-dump scheme of the token.
Since MobileCoin was pre-allocated with them owning over 50% of the supply with that being the only supported token on Signal tells you that both Signal, Moxie and MobileCoin are all complicit in the scam.
[0] https://news.ycombinator.com/item?id=26726246