Trove team accused of changing token sale rules, causing investor losses

The Trove token team has been accused of causing investor losses by arbitrarily changing its token sale rules. Polymarket trader tsybka stated that the Trove team suddenly changed the deposit receipt date to Jan. 20 just five minutes before the token sale was scheduled to end. As the price of a Polymarket contract betting on the sale's timely conclusion plummeted, large buy orders of 100,000 to 300,000 shares were placed, which the trader suspects came from the Trove project itself. Fifteen minutes later, the Trove team announced a five-day extension to the token sale. Tsybka noted that investors who had entered the market for short-term gains suffered losses, with one investor reportedly losing around $73,000 on an $89,000 investment.