PRL/Oyster Exit Scam
Sadly a coin PRL aka Oyster Pearls just did an exit scam few hours ago.
It looks like they had a "bug" (option) in contract to restart ICO and someone from the team did it. He bought cheap and dumped loads of coins (around 300k USD) on KuCoin.
Actually it was all in the contract but nobody noticed that ICO can be restarted any time.
DirectorLock has been set false the entire time. Nobody ever called selfLock() to prevent another ico from being started and now guy bought cheap (almost free) coins and dumped em.
Markets
PRL is disabled on most spots now but a few still let you sell ie CoinExchange or COSS.
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Bummer, I owned a few of those coins :(
Shocking. I guess this makes the case for CLO, the ETC token being about incentivizing good smart contracts auditing.
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nobody reads those contracts and now... here we are heh.
This is so sad and shocking, it gives the government of the world more reasons to want to regulate crypto-currencies.
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Shocking I wish this ICO craze never happened.
That why ICOs have not a good reputation lately!
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This is really shocking..
https://steemit.com/@mymikefund Could you upvote for my post? thank you