Investors in crypto exchange for Pokémon cards furious as they lose 98% of their investments – DL News

  • Trove Markets’ investors are mad.
  • The project’s token crashed 98% as soon as it launched.
  • Allegations against Trove’s developers have obliterated investor confidence.

Investors in a purported crypto exchange that lets users bet on the prices of collectables like rare Pokémon cards have been left in the lurch after the project’s token crashed more than 98% mere minutes after it launched.

On January 11, Trove Markets raised $11.5 million from investors through a token sale conducted on Hyperliquid, the buzzy blockchain tied to the $5.4 billion crypto exchange of the same name.

But a last-minute switch from building the exchange on Hyperliquid, coupled with allegations that the project’s team had misused funds and engaged in misleading…

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