larsbalzak
Jr. Member
Offline
Activity: 308
Merit: 1
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October 29, 2018, 06:06:58 PM |
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Bad news or something? This is crazy.
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hush
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October 29, 2018, 06:26:11 PM |
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Bad news or something? This is crazy. Reaction of the BTC price movement when it fall than all markets follow this trend I think this good chance to buy dip. I don't think there is something bad behind the scene.
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sockpuppet1911
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October 29, 2018, 06:48:36 PM |
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Seems like there's some serious problems with the smart contract. Admin on the official telegram:
"We can confirm someone has taken control of the Smart Contract. Do NOT BUY ANYTHING. I honestly dont know what to say right now. We are waiting for more information.
___________
DO NOT BUY PRL RIGHT NOW!"
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denam
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October 29, 2018, 06:57:15 PM |
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It is unfortunate thing what happened but this kind of risk always remain high as long as smart contracts are still new things. They will surely take preventive measure in collaboration with exchanges to halt deposits/withdrawals and try to minimize the losses. Everything recovers in the end but it takes double efforts to build the trust again.
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larsbalzak
Jr. Member
Offline
Activity: 308
Merit: 1
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October 29, 2018, 08:09:55 PM |
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Everything recovers in the end
I hope so because my buy orders got filled around 2350 sats. I knew something was not right...
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nimogsm
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October 29, 2018, 08:44:10 PM |
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Such an error! As it could happen, i will wait for further development of events. I read twitter and hope for good news from the team. I hope that everything will be solved in the best way.
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ToTheMoon_XOM9IK
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October 29, 2018, 08:54:42 PM |
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Nobody can stop this siberian express , choo-choo m****rf***ers!
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shivansps
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October 29, 2018, 10:02:07 PM |
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What a fail. $PRL creator wallet called the transferDirector function giving himself admin rights. New «owner» opened ICO sale function on contract Sent ETH to contract and got PRL tokens at ICO price. Sent them to Kucoin crashed the price and probably ruined the project. https://twitter.com/MacnBTC/status/1056985997706182657I don't know what measures should be taken in order to give chance to this project. Investors lost confidence with this hack.
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BitMaver
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October 29, 2018, 11:39:24 PM |
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Oyster Update"Earlier today, it was discovered that the transferDirector function was utilized on the Oyster Protocol token contract. This allowed the new director to re-open the ICO for PRL and re-issue new tokens (1 ETH = 5000 PRL / .04 per PRL). The individual in question then sent these tokens (upwards of 3M PRL) to KuCoin where the tokens were market sold. They were able to extract ~$300,000 in funds prior to us being able to shut down trading and withdrawals on KuCoin..."Read more: https://medium.com/oysterprotocol/oyster-update-b813390ce10e.
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RandyMagnum
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October 30, 2018, 08:18:14 AM |
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OMG, unbelievable. shit happened. Really interesting situation, i believe that team will continue to move forward even after the betrayal of the founder.
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Freaks
Legendary
Offline
Activity: 1554
Merit: 1001
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October 30, 2018, 08:43:31 AM |
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Oyster Update"Earlier today, it was discovered that the transferDirector function was utilized on the Oyster Protocol token contract. This allowed the new director to re-open the ICO for PRL and re-issue new tokens (1 ETH = 5000 PRL / .04 per PRL). The individual in question then sent these tokens (upwards of 3M PRL) to KuCoin where the tokens were market sold. They were able to extract ~$300,000 in funds prior to us being able to shut down trading and withdrawals on KuCoin..."Read more: https://medium.com/oysterprotocol/oyster-update-b813390ce10e. I also read this update such huge drop was very shocking but good news is that dev took timely action on this incident and tried to save this from further collapse. Anyway this is not good when this token got a nice streak and we see this but in future this will get recover.
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larsbalzak
Jr. Member
Offline
Activity: 308
Merit: 1
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October 30, 2018, 10:35:29 AM |
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OMG, unbelievable. shit happened. Really interesting situation, i believe that team will continue to move forward even after the betrayal of the founder. I often wonder how 'people' like that can live with themselves. By stealing money from his own investors he could also indirectly make someone commit suïcide. This could be the trigger for someone who already is in a lot of other problems or someone who has invested his entire life savings into this project. I've already told you guys that this was a scam, the response from Bruno Cocksucker was that of an angry scammer. He told me to stop wasting everyones time but ironically he was the one wasting everyones time. But then there was the beginning of the product and I bought in again, what a blunder. Please keep tracing down his transactions and don't let him cash out anonymously. For all we know he's going to commit a terrorist crime with our money or hand it over to ISIS.
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XCNP
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October 30, 2018, 10:56:22 AM |
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Such incidents have long history and not stopping nowhere at the moment. If team can handle the situation as they described in update over the situation the recovery is still possible. Investors are angry surely but they understand the position of team and hard work can undo this damage in time. There should be no trust but verify with double check policy for funding related matters.
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yourcatsofat
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October 30, 2018, 11:09:46 AM |
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OMG, unbelievable. shit happened. Really interesting situation, i believe that team will continue to move forward even after the betrayal of the founder. I often wonder how 'people' like that can live with themselves. By stealing money from his own investors he could also indirectly make someone commit suïcide. This could be the trigger for someone who already is in a lot of other problems or someone who has invested his entire life savings into this project. I've already told you guys that this was a scam, the response from Bruno Cocksucker was that of an angry scammer. He told me to stop wasting everyones time but ironically he was the one wasting everyones time. But then there was the beginning of the product and I bought in again, what a blunder. Please keep tracing down his transactions and don't let him cash out anonymously. For all we know he's going to commit a terrorist crime with our money or hand it over to ISIS. Stop making FUD. The team gave all answers. The project is not stopped. They just will mint new token and Bruno stay with useless PRL.
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larsbalzak
Jr. Member
Offline
Activity: 308
Merit: 1
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October 30, 2018, 11:16:58 AM |
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OMG, unbelievable. shit happened. Really interesting situation, i believe that team will continue to move forward even after the betrayal of the founder. I often wonder how 'people' like that can live with themselves. By stealing money from his own investors he could also indirectly make someone commit suïcide. This could be the trigger for someone who already is in a lot of other problems or someone who has invested his entire life savings into this project. I've already told you guys that this was a scam, the response from Bruno Cocksucker was that of an angry scammer. He told me to stop wasting everyones time but ironically he was the one wasting everyones time. But then there was the beginning of the product and I bought in again, what a blunder. Please keep tracing down his transactions and don't let him cash out anonymously. For all we know he's going to commit a terrorist crime with our money or hand it over to ISIS. Stop making FUD. The team gave all answers. The project is not stopped. They just will mint new token and Bruno stay with useless PRL. Now I'm waiting for the team to do a live stream with their faces exposed and improve the product before I take this project serious again.
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yourcatsofat
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October 30, 2018, 11:23:57 AM |
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OMG, unbelievable. shit happened. Really interesting situation, i believe that team will continue to move forward even after the betrayal of the founder. I often wonder how 'people' like that can live with themselves. By stealing money from his own investors he could also indirectly make someone commit suïcide. This could be the trigger for someone who already is in a lot of other problems or someone who has invested his entire life savings into this project. I've already told you guys that this was a scam, the response from Bruno Cocksucker was that of an angry scammer. He told me to stop wasting everyones time but ironically he was the one wasting everyones time. But then there was the beginning of the product and I bought in again, what a blunder. Please keep tracing down his transactions and don't let him cash out anonymously. For all we know he's going to commit a terrorist crime with our money or hand it over to ISIS. Stop making FUD. The team gave all answers. The project is not stopped. They just will mint new token and Bruno stay with useless PRL. Now I'm waiting for the team to do a live stream with their faces exposed and improve the product before I take this project serious again. As I understand, there was only Bruno as an anonymous person in the team. But the situation is very strange. Why did not he do it at ATH in January? He has now only about 300k USD after the sale. And it's the last money from PRL.
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mcfom
Legendary
Offline
Activity: 1260
Merit: 1001
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October 30, 2018, 11:27:12 AM |
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This act of minting new tokens what did for marketing and publicity nothing could so far. They will over come the situation as solutions exist for every problem. Those are active in telegram have clear their minds already as Oyster team actives very responsibly. It be over soon and people will not even remember this unpleasant event. They are determined to continue and to deliver as good developers are working on the project.
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larsbalzak
Jr. Member
Offline
Activity: 308
Merit: 1
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October 30, 2018, 11:38:21 AM |
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OMG, unbelievable. shit happened. Really interesting situation, i believe that team will continue to move forward even after the betrayal of the founder. I often wonder how 'people' like that can live with themselves. By stealing money from his own investors he could also indirectly make someone commit suïcide. This could be the trigger for someone who already is in a lot of other problems or someone who has invested his entire life savings into this project. I've already told you guys that this was a scam, the response from Bruno Cocksucker was that of an angry scammer. He told me to stop wasting everyones time but ironically he was the one wasting everyones time. But then there was the beginning of the product and I bought in again, what a blunder. Please keep tracing down his transactions and don't let him cash out anonymously. For all we know he's going to commit a terrorist crime with our money or hand it over to ISIS. Stop making FUD. The team gave all answers. The project is not stopped. They just will mint new token and Bruno stay with useless PRL. Now I'm waiting for the team to do a live stream with their faces exposed and improve the product before I take this project serious again. As I understand, there was only Bruno as an anonymous person in the team. But the situation is very strange. Why did not he do it at ATH in January? He has now only about 300k USD after the sale. And it's the last money from PRL. Maybe he didn't sell at ATH price because he thought the price would continue to go up. I'm sure the current 5x in price was a part of his plan. He needed to do this before 1 november or else he could only scam us for 2btc max.
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yourcatsofat
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October 30, 2018, 11:51:17 AM |
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OMG, unbelievable. shit happened. Really interesting situation, i believe that team will continue to move forward even after the betrayal of the founder. I often wonder how 'people' like that can live with themselves. By stealing money from his own investors he could also indirectly make someone commit suïcide. This could be the trigger for someone who already is in a lot of other problems or someone who has invested his entire life savings into this project. I've already told you guys that this was a scam, the response from Bruno Cocksucker was that of an angry scammer. He told me to stop wasting everyones time but ironically he was the one wasting everyones time. But then there was the beginning of the product and I bought in again, what a blunder. Please keep tracing down his transactions and don't let him cash out anonymously. For all we know he's going to commit a terrorist crime with our money or hand it over to ISIS. Stop making FUD. The team gave all answers. The project is not stopped. They just will mint new token and Bruno stay with useless PRL. Now I'm waiting for the team to do a live stream with their faces exposed and improve the product before I take this project serious again. As I understand, there was only Bruno as an anonymous person in the team. But the situation is very strange. Why did not he do it at ATH in January? He has now only about 300k USD after the sale. And it's the last money from PRL. Maybe he didn't sell at ATH price because he thought the price would continue to go up. I'm sure the current 5x in price was a part of his plan. He needed to do this before 1 november or else he could only scam us for 2btc max. Anyway, he is an idiot. These 300k USD do not cost things which he did. He lost the huge amount of money cause the team will not swap his tokens.
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