CreatorBid will fully refund the funds of token sale participants from Fjord Foundry, and the issuance of tokens is still under evaluation
On December 11, Al Launchpad CreatorBid posted on Base that it was originally scheduled to go public on Fjord Foundry on December 9, but encountered system attacks such as DDoS attacks and evasion of maximum purchase limits on the eve of the sale, resulting in a failed sale. CreatorBid will refund all funds received during the sales period to legitimate participants. CreatorBid stated that it will cooperate with KYC provider Fractal to conduct AML/KYC reviews of participant wallets to ensure that funds are not returned to malicious actors. The team is currently evaluating the next steps for newly launched tokens.
In response, crypto detective ZachXBT commented, I hope you know that Fractal leaked thousands of people's KYC earlier this year. If you call them trustworthy, then your team seems not have conducted basic due diligence.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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