Yes, right. I have done an analysis to find out which projects have been dead or scammed, most of them have been inactive for months without announcements. Then their telegram group is made into a den of other project promotion spam or even to spread referral links, very ironic.
There is no denying that the situation looks bad or even terrible, but others are right, that spending so much money on a project and close it, would be a huge nonsense. It is possible that with such a large project they really need to discuss with investor contracts very thoroughly. Especially that, if I remember correctly, there was information somewhere that it was to be an institutional investor. In cases like this it always takes a lot of time. I think it's worth waiting before we start to say aloud that it's a scam.
