This is their pinned message in their telegram channel, they should refund their investors who invested in their ICO stage
I think the bad publicity has done a lot to their campaign well they this, deserve it for not being transparent enough
Dear Community,
We would like to take this opportunity to reach out to our valued community.
We’d like to provide you with an update to our present status as best we can at this time.
As you’re probably aware we recently completed the crowdfunding sale of the SRXIO token. After traveling the globe in 2018 we met with many loyal investors much like yourself.
We truly appreciate the enthusiasm in both investing in our token as well as cryptocurrency in general.
The public sale for SRXIO did not go well due to the extreme adverse market conditions, and massive devaluations in both Bitcoin (BTC) and Ethereum (ETH)
Beginning the New Year the volatility in crypto has continued with this same erratic trend.
Because of this, we had to switch mid public sale to private sales. Even these agreements had a massive devaluation, we are re-negotiating these contracts at this time.
This and the cost of mining bitcoins, with their current extremely low prices, makes a launch totally prohibitive at the present time.
Please be assured that we have your very best interests in mind and we will update you community shortly with further information.
Please bear with us while the website is being redesigned.
The SRXIO token distribution will follow later this month, the token holders will receive an e-mail individually regarding the distribution. the exchange listing procedure will be commenced at a later stage and Securix will update the community once this process has been completed.
Kind regards,
The Securix Team
These idiots have no honor, nothing. Projects can be delayed or suspended, I do not complain however they HAVE TO inform people.
There should be system to fuck these guys' life...