...definatly people will loss money even they get refund...
This is this painful outcome in the end. Already from 100 million from Envion ICO left only 50 and if we take into consideration how much this court cases will cost and all these services involved in claims, plus liquidators and other people involved. Then we can assume that there will be only 10 to 20% of the total funds paid back to Investors. There is a chance that the price of cryptocurrencies will increase during this bull run and if investors get refunded in the same currency as invested then there is still some hope for smaller losses.
Biggest scam ICO in history and cheaters are under arrest even that case is not solved so far, what we can expect from court?
10% - 20% refund is not enough for investors they will be in loss because prices are going up again but not refund yet.
Anyway Team bought GPU miners.. so miners are still in use of team? or miners also seized from team!