Trader alleges Trove team caused investor losses by changing token sale rules

The Trove token team has been accused of causing losses for Polymarket investors by arbitrarily changing its token sale rules. Polymarket trader tsybka stated that just five minutes before the sale's scheduled conclusion, the Trove team abruptly changed the deposit receipt date to Jan. 20. As the price of shares predicting an on-time finish plummeted, large buy orders for 100,000 to 300,000 shares were placed, which tsybka suggested likely came from the Trove project itself. Fifteen minutes later, the 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 in the process, highlighting one instance where an investor lost approximately $73,000 on an $89,000 investment.