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Mars One goes bankrupt as reality catches up to the doomed space scam TechCrunch

https://techcrunch.com/2019/02/11/mars-one-ventures-bankrupt/
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Feb 11, 2019 2:07 PM 2+ mon ago

Mars One goes bankrupt as reality catches up to the doomed space scam

A grand mission to Mars that was always light on details has come to a decidedly terrestrial end. Mars One, a controversial space exploration project that made it as far as the "highly produced videos" stage of space colonization, has quietly filed for bankruptcy, according to a liquidation listing spotted by a Redditor on r/space.

As the post explains, the private company that spearheaded the Mars One spectacle is actually made up of two parts, a not-for-profit called the Mars One Foundation and a for-profit company known as Mars One Ventures. In 2016, Swiss financial services company InFin Innovative Finance AG picked up Mars One Ventures in a takeover bid.

In a statement on the takeover, Mars One's leadership explained how the plan was still on track, in spite of appearances.

"The takeover provides a solid path to funding the ...

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