In a move to both improve and expand verification services, the Acquisition of Ardeva brought with it lots of promise. Users inside and outside of Btcpop could verify at Ardeva.com and receive a token for their verification. The acquisition was launched as one of the first major IPO’s on Btcpop’s internal share market.
Initially a claimed success, Ardeva would fail along with Lee and old management. The verification service done was very poor and almost any document was accepted. This snowballed later in the instant loans exploit that eventually led to the bankruptcy and end of Lee and early management.