CORN investors seek refunds after project halts operations pre-distribution

An anonymous investor who participated in the Corn (CORN) token sale has reported losses, claiming the project announced a network shutdown before they could receive their subscribed tokens. X user "korail10g" stated they participated in the CORN token sale in March 2025 through the Web3 presale platform Legion. The terms involved a one-year vesting period with subsequent monthly unlocks. However, the user claimed the token claim date, originally scheduled for this April, was postponed to Oct. 26 without notice. Following this delay, the Corn project abruptly announced on May 14 that it was halting network operations, prompting the investor to demand a refund. The operator of the crypto-focused Telegram channel 'Talking Rabbit' noted that while the project has announced its shutdown, there is no clear guidance on refunds or token distribution for investors from last year's sale who remain in their lock-up period. The operator added that the sales platform, Legion, has also not issued an official statement or offered any investor protection measures. According to CoinMarketCap, CORN is currently trading at $0.04227.