Crypto founder Tai Lopez doesn't own RadioShack anymore
Tai Lopez , the internet guru who has purchased several nostalgic, failing brands over the past few years, is having to part with many of the companies he bought up under his umbrella corporation, Retail Ecommerce Ventures, LLC. Brands that have already been sold off include the iconic RadioShack, which briefly had its own cryptocurrency in a bid to attract new, younger customers. The token is down about 99% from its all time high and sees only a few hundred dollars in liquidity on a good day. Protos previously reported on rumors of Lopez’s possible bankruptcy. While that remains unclear, it is clear that the self-help pundit has fallen on some hard times. At the end of May, Unicomer Group — a Salvadoran financial group that had previously controlled RadioShack intellectual property (IP) across much of Latin America — released a statement announcing its purchase of all RadioShack IP. Shortly thereafter the website placed a “we are renovating” banner at the top. It isn’...