Received this email from WCX:
Dear XXXXX,
We recently switched escrow managers and the payment you made during the presale was actually sent to the old escrow manager address. This happened to a few folks who bought during the presale while the old escrow address was displayed on the site.
Do you have a refund address we can use to send you the:
X.XXX BTC
you used to purchase WCXT during the presale?
You can resend those at a later date to our new escrow address. The WCXT tokens in your balance will remain intact.
Best regards,
Paul Kaplan
Customer Support
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I sent them a BTC address and am told my funds should be there within 24 hours. I will then get to decide whether or not to send those funds back. Considering the flurry of bad sentiment right now it is a great sign if all pre-ICO money is returned.
Thanks for posting that.
So....that implies that....
1. during the presale there were 2 different escrow's, Franz who stopped at some point and then an new unnamed on. Or, there was only one escrow, and now WCX is trying to get funds into a new (theoretical) escrow.
2. No announcement was made about this.
3. The escrow is not returning the funds, they returned them to WCX and WCX is returning the funds. THIS IS NOT HOW ESCROW WORKS so there was never an escrow as claimed.
4. Investors getting refunds don't lose their bought coins if they then pay into the new theoretical escrow.
I'm happy for WCX to explain how the above is incorrect, I'm just working with what I got.