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Title: Take Extra Care when investing in ICO - USD80k lost due to failed transaction !! Post by: ambcoin on October 14, 2017, 01:30:34 AM Hi all,
Just wanna share this news. Take extra care when investing in ICO especially involving large sums and also avoid last minute actions!!! QUOTE An investor lost more than $80,000 worth of ether while attempting to participate in the AirSwap ICO. The public AirSwap ICO kicked off on Tuesday following a successful presale that raised $20 million for the ConenSys-backed startup’s decentralized token exchange. During the 23-hour event, investors could contribute up to 3.3 ETH, receiving a maximum of 3,300 AirSwap tokens (AST). Following the main event, AirSwap held a “L(AST) Chance Sale” that allowed contributors to purchase an uncapped number of the 11,900,000 AST left over from the main ICO. During the uncapped sale, an investor attempted to send 1,700 ether — worth $574,000 at current exchange rates — to the AirSwap ICO, a sum that would have netted him or her 1.7 million AST. This investor paid about 237 ether — worth $70,000 at the time but $80,000 at present –to process the transaction. UNQUOTE https://i.imgur.com/Wk45P8B.jpg Source: https://www.cryptocoinsnews.com/this-airswap-ico-investor-lost-80000-on-a-failed-transaction/ |
