Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform.
by
NorrisK
on 14/04/2016, 05:36:56 UTC
1 person invested about 3000 BTC in Waves ICO, so he owns 60% of waves right now!


Waves ICO address: https://blockchain.info/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDA

See the transaction numbers of that 1 person's consecutive investments in red color, they are WITHIN ONE MINUTE ON 4/12/16 23:26 (and maybe more later):

-SNIP-            


I envy your investigative skills Smiley
The transactions in red is me transferring BTC to coinbase  multisig wallet from the ICO server hot wallet

What's the use of an Escrow if you have full access of the ICO funds? Anyone from the dev team should not have access to the funds while the ICO is on going and the project hasn't  been completed yet imho.
Sorry I don't think so. you can see all the funds in the multisig account, from which we can't withdraw.

Wonder why they werent send coinbase to begin with: other ICO set up a Digital Vault and funds are sent directly to it .. i could be wrong

They probably didn't do it because of the shit LISK had to endure after doing this. Because there was not a signle address where the coins were sent it was difficult for the community to check whether the coins were really invested or not.

As a result they had to post screenshots and videos of the vault to prove it.

This method works fine and there is only a 15 minute windows where the coins are not in multisig as they have a script running to send the coins over.