ICO-Funded Project Sparkster Converts $22M in Ether to USDC After 3 Years, No Product

The pseudonymous blockchain analyst zachxbt first reported the findings. One of the wallets, tagged “Sparkster: Wallet 5” on blockchain explorer Etherscan, saw some 2,599 ETH converted to USDC. The wallet was last active 1,371 days ago, or in August 2018.