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The story of how the project team suddenly changed plans, causing traders to lose $73,000 overnight
【BitPush】A certain token sale project Trove recently caused a major blunder. Just five minutes before the sale was about to close, the project team suddenly updated the smart contract, extending the deposit deadline to January 20th. This instantly caused a stir on a certain prediction platform—huge buy orders from project-related wallets suddenly flooded in, ranging from at least 100,000 shares to as many as 300,000 shares.
The story isn't over yet. The project team first announced on X platform that the sale would be extended by another 5 days, scaring many traders into following suit and buying in, causing the odds to soar. Not long after, they posted again saying the extension was canceled and the original plan would be maintained. The inconsistency directly trapped a large wave of people.
The worst hit was that guy—just as the closing was imminent, he invested $89,000, originally aiming to earn a steady $200. Now? His account shows a loss of over $73,000—a nightmare. This operation can be considered a textbook example of a negative case: the project team's unstandardized operations, coupled with chaotic information disclosure, ultimately leaving ordinary traders to bear the brunt.