A certain ICO project has issued a risk warning. After the project team completed fundraising, they temporarily adjusted the fundraising terms as follows: the target fundraising amount announced before the funding was $2.5 million, with any excess promised to be refunded. However, after the fundraising ended, the project team suddenly announced an adjustment to the policy, reserving $9.39 million and only refunding $100,000 to participating users. This reversal sparked community doubts — the fundraising scale increased nearly fourfold, yet only 4% of the initial amount was returned. Industry insiders pointed out that such practices constitute unilateral changes to the funding terms, severely shrinking investors' rights and interests. Some community members directly stated that this is a typical case of project team flip-flopping, calling on relevant exchanges and platforms to strengthen scrutiny of such projects to protect user assets.