🇺🇸 Foresight News, the blockchain analysis platform Bubblemaps monitors, the Trove Markets project discreetly refunded the KOLs despite the total loss of participants in the presale. Trove raised 11.5 million dollars during an ICO to develop the project on the Hyperliquid platform, but not everything went as planned. Before the project launch, an external liquidity provider for Trove sold 20 million dollars worth of HYPE tokens; subsequently, the team turned to the Solana platform, and the TROVE token dropped by 99% upon issuance, leading to significant losses for ICO participants.
Bubblemaps, monitoring the wallets linked to TROVE deployers, discovered that one day after the token collapse, 100,000 USDC and 350,000 USDT were transferred to new funding wallets. The organization claims to have on-chain evidence and leaked conversations, proving that the project leaders engaged in inappropriate behavior by treating investors differently.
$HYPE

HYPEUSDT
Perp
30.56
+4.11%
$KO


KO
Alpha
0.026291
-3.58%
$KOGE


KOGE
Alpha
47.96
0.00%