Tokencard says it is “constructing a solution” afterward a põrnikas allowed some of its ICO participants to allegedly hit upwards to 1,100 per centum inwards extra tokens.
In a blog post Wednesday, the distributed banking platform’s CEO Mel Gelderman said that piece it was “not a large issue” developers were “taking it really seriously.”
A post on Reddit highlighted a specific representative inwards which a mass token buyer sent SNGLS tokens every bit opposed to ETH or others, paying around $0.069 per token rather than the measure $0.096.
Spending a full of $432,000, the investor purchased a full of 6.2 mln tokens out of the 42.3 mln full supply, pregnant a unmarried political party directly controlled xv per centum of all available tokens.
“We were prepared for these kinds of possibilities; transfers are frozen until nosotros are satisfied with the results,” the weblog post, which was likewise reproduced every bit a reply to the Reddit thread, continued.
Tokencard’s ICO began entirely on Tuesday, with statistics from the project’s website stating $12.7 mln had been accrued.
Developer Peter Vessenes likewise released a technical disputation near the problems, stating “two server problems” were nether investigation.
Vessenes faced problems of his ain before this week, his advert surfacing on allegations that he “stole funds” from creditors of Mt.Gox.
Gelderman defended Vessenes inwards a combat on Reddit.
Last week, TaaS’ ICO likewise concluded alongside criticism of developers’ integrity, with the latter describing claims they were linked to a “Ponzi scheme” every bit “fraught with inaccuracies in addition to assumptions.”
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