The Vietnamese startup developer behind Botstar and Chative.io defrauded his early investors, who transferred hundreds, even thousands of dollars to them through the AppSumo platform. The CEO has left the company on the brink of bankruptcy. When the SaaS launch was announced in spring 2021, the CEO already knew there was economic trouble and started developing a completely new project with his company, which was not validated. The AppSumo launch was a hype.