Announcement by Marcus Bowles, Founder & CEO of Koios AI, on Koios' Telegram chat:
After much consideration and legal advice, the team has decided to put the Crowdsale on hold until further notice.
The unsubstantiated claims and false accusations being spread amongst the Crypto community is intolerable, unfounded, has caused irreparable damage and doesn't seem to be slowing down.
We have no choice but to place the project on hold so that we can reassess our options moving forward.
Our character, integrity and professional commitment has been attacked due to allegations based on supposition.
A serious case of defamation of character has occurred, and continues to occur and we are now in discussions with our legal team.
This is a huge disappointment. The entire team dedicated countless hours towards getting the project where it is.
Given what has transpired the past few days, we have sought legal advice and can no longer discuss the matter further.
The channel has been placed on mute indefinitely.
We would like to thank our community for your continued support during this matter.
Those who made a contribution during the presale will have their Ethereum refunded- 1/3 has already been refunded.
For the other 2/3 of contributors - please ensure you lodge a refund request here for our record keeping purposes and it will be processed within 7 days of receipt:
https://koiosai.typeform.com/to/vO2CixIt is key to note that if we were indeed some form of fraudulent entity, we'd have disappeared by now.
If you have any questions or concerns, please email us at
team@koios.ai Regards,
The KOIOS Team
