Dear investors, verification is crucial to identify the true owners of token addresses.
Unfortunately, we ran into unexpected issues – as you know, the Ethereum blockchain is an open ledger, and all the TRM1 transactions are open source, which was taken advantage of by some sneaky characters. The dashboard on our website does not allow you to link one MEW to two different accounts, and so they went through the extensive list of TRM1 token holder addresses available on etherscan and similar block explorers and found the unclaimed addresses containing tokens. These addresses include exchange wallets, custodial wallets like coinbase and others that do not allow regular users to interact with the ERC20 tokens inside. This issue was caused by users’ sending Ethereum directly to our smart contract during the first ICO while not having the private key to the payment source address. We made the mistake of letting that slide and resending the tokens to such users as a new transaction, effectively issuing tokens twice. This left the network with quite a few extra tokens that we considered unusable until now, but as it turns out, some people managed to scope these addresses out, register new accounts and link the extra tokens, eating away at the other investors’ share of profits. Luckily, when this issue began manifesting itself, we locked down withdrawals and no coins were withdrawn by people who don’t deserve them.
To put an end to this issue we ask you to undergo a simple process of verification that will prove your ownership of the private key associated to the MEW address your account is linked to. It consists of one step – send 0.00000001 TRM from your MEW address to:
0x20C5D0a35cC469A10D48Fc92d0fc0C6a6ee490E1
Just by sending the miniscule fraction of a token you will prove your full ownership of the MEW address.
After we weed out all the extra tokens from the system, the profits will be recalculated and result in a slight increase in our investors’ profits!
We are sorry for the inconvenience, but completing this procedure is crucial to all of us. Please undergo verification before 25 January 2018. The profit withdrawal will come back on after we recalculate profits on 26 January to only accommodate verified addresses.