HomeCryptoAltcoinThe CryptoSolarTech ICO fails: $68 million returned

The CryptoSolarTech ICO fails: $68 million returned

The ICO of the Spanish crypto mining startup CryptoSolarTech has failed and, for this reason, they have decided to return the funds collected.

To report it is the same CryptoSolarTech in a statement sent to their investors, which is also available on Twitter.

The main purpose of the startup was to build a crypto mining farm in southern Spain fully powered by solar energy but, due to the unobtained building permits, CryptoSolarTech decided to return all the funds raised during the ICO.

The funds were collected last summer in less than 2 months, mainly from investors located in Singapore and Spain itself. The startup also warned users not to buy any tokens because the refund of money will not apply to tokens purchased after February 19.

Alfredo de Candia
Alfredo de Candia
Android developer da oltre 8 anni sul playstore di Google con una decina di app, Alfredo a 21 anni ha scalato il Monte Fuji seguendo il detto "Chi scala il monte Fuji una volta nella vita è un uomo saggio, chi lo scala due volte è un pazzo". Tra le sue app troviamo un dizionario di giapponese, un database di spam e virus, il più completo database sui compleanni di serie Anime e Manga e un database sulle shitcoin. Miner della domenica, Alfredo ha una forte passione per le crypto ed è un fan di EOS.
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