It is a pity that this is a scam project and hearing news like this is of course the participants are disappointed and I hope the team can be immediately arrested
This is a risk investing in ICO, can't be predicted project looks good but turn scam. I think every investors that invest in this project want the same thing, hope the team can be arrested.
I agree with you that this is all the risk of investing in the ICO and of course investors are also ready to deal with things like this, the most important thing is that the team can be immediately captured and that is the hope of all of us
Let's hope team will be arrested but there were many scam ICO's in 2019 past months but nobody captured, as team said they collected $19 million.
I don't think so they really collected $19m if it is true then where are investors ?? have they complaint about this scam??
Investors did not end up in a loss. (as you can see there are no complaints from investors in thread)
Only 0.45% of raised funds were from public.
Athero´s ICO was running at lowest BTC bear market conditions.
Vast majority of raised funds was from private sector (with insurance).
Since the market liquidity was extremely low, price went down. (bounty hunters dumped their tokens down to 1 sat)
There was no any other option than to full refund.
99.5% of investors were refunded.