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Can play and play, private placement empty gloves, cut me off in 5 minutes

"I originally wanted to catch up with the halving, and no matter what the project party did, it would pull down the market. Although I knew that the new currency might be risky, this circle is not like this. Risks and benefits coexist, but what I didn't expect was that I didn't withdraw at all. Fortunately, there were not many votes, but if they were cut off for no reason, who would suffer.” Liu Ming, one of the victims, said.

As Sprite officially said, PETH will officially open for trading at 20:00 on March 10, 2020 at the expected time. Investors thought that the wool was finally coming, but unexpectedly the sickle came.

PETH did rise sharply shortly after the opening, but one minute later, Liu Ming found that the APP was stuck, and the PETH disk in the refresh system appeared sideways. Five minutes later, PETH plummeted from the highest point of $0.1197 to $0.0032, a drop of 97.32%. Currently, the official website of the Sprite Exchange is quoted at $0.00102.

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(partial screenshot)

The market was smashed within a few minutes of the opening. This kind of harvesting speed was never expected by investors, and it was unprecedented. It is impossible to withdraw coins, and no one has successfully retreated.

At present, the victims have set up a rights protection group, and some victims are responsible for counting the damage and discussing how to recover the loss.

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The project party is also confused, or "work" for Sprite?

After the crash, the victim found the project party immediately, but the relevant person in charge said that he was also in a daze. According to the internal data he gave, he did not smash the trade at all.

And I spent 2 BTC and 30,000 U for doing things. The money alone is 310,000 RMB, not including the 1 million PETH I charged in. I have been busy for a while, and I have not sold a single coin. Go out, smash the market right after the opening, why should I work for Sprite?

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The exchange is even more ignorant, I don’t blame the project party

"The project party said it wasn't him who screwed up, but you, so lose money quickly."

When the victim ran to the Sprite Exchange in a rage, the customer service told the victim that it was the fault of the project party. It was because the project party did not follow the original plan to make the market, which caused the price of PETH to plummet, and provided relevant transaction data. To prove innocence——https://shimo.im/sheets/(This is the official PFTH transaction data provided by Sprite).

It means that the account of the project party has been frozen to protect the user's assets, and the users who trade on the platform will be compensated in the form of airdrops later. The implication is not directly traded on my platform (private placement), I don't care.

At the same time, it is also stated that there is no direct evidence that I did it, so don't talk nonsense, otherwise, even the airdrop may be gone.

The victim, Liu Ming, said that it was destroyed within 5 minutes of opening, and no one knew about the new one before. Whoever dared to buy it from a new user made it clear that he didn’t want to refund the coins.

When requesting that the project party’s listing fee be refunded to the victim as compensation, Sprite WeChat staff said that the current decision was made by the company’s leadership, and they had no right to handle it.

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Harvesting or early arrangements, change the letter to play Shuangfei

In fact, as early as before the opening of the market on March 10, the victims discovered that the project was risky, and they couldn't stop it if they wanted to stop it.

The victim accidentally discovered that the currency listed on the Sprite Exchange and the 1EO currency of the project party are two completely different currencies. What kind of operation is this?

After finding its official website according to the project party information provided by Sprite’s official website, it was found that the project party is a blockchain pet health care platform registered in the United States. The service information on the official website provides Chinese, Korean, and English versions, but the white paper is only available in Korean. .

And this is not the most deadly, the most deadly is that the currency listed on Sprite is PETH, but the 1EO information on the project’s official website, including the white paper currency, is PECO.

As early as November 9, 2019, the PECO currency has been listed on Dcoin, issuing 2 billion PECO. At that time, domestic media had a special report.

There is no difference in the official website information, white paper, and founder information, but this time, the currency has been changed from PECO to PETH. For a project, change the last two letters of the currency and send it again. Is this the rhythm of Shuangfei? Veteran driver, can play and play!

At that time, when the project was found to be suspicious, the victim immediately found the Sprite customer service to inform the relevant situation and asked to freeze the account of the project party. Unexpectedly, the WeChat account was deleted by the platform customer service.

Later, you also saw that although the project was informed in advance that there were risks, the risky currency PETH was still officially launched for sale. (Should I call him PECO) also created this situation today. Afterwards, the victim also specifically approached the project party and Sprite for the inconsistency of the currency, but the two parties have not responded to the matter yet.

In addition, special attention should be paid to the fact that on February 13, 2020, the Sprite platform received a strategic investment of US$1 million from the BiKi industry fund. Before that, BIKI repeatedly broke out about harvesting leeks, and was directly named by the Securities Times.

At present, investors can still contact the project party through WeChat, but they have been complaining! Judging from the whole incident, the project party does have the suspicion of issuing one coin twice.

Sprite, on the other hand, did it knowingly. You said that you didn’t think about harvesting, and you didn’t even find out the simple currency inconsistency audit. How can you convince investors? What's even more shocking is that when you told you that there was a problem, you actually blocked the investor directly! Well, I can bear it too! But when the market opened, the market was smashed, and investors completely knelt down.

The problem now is that who is a human and who is a ghost has not yet been determined, and it may not be possible to say if they are all ghosts. After all, in the superhuman place of the currency circle, it always surprises us.

Note: The names involved in this article are all pseudonyms; the materials reported are all provided by the victims.