Lol. Probably not a good sign. If I was considering investing in this project, I would perhaps do another round of Due Diligence first. If I had invested in this project, well let's be honest, I would never invest in this project.
https://bitcointalksearch.org/topic/scam-togacoin-ico-is-it-a-canary-mining-dream-5065720
Actually they did respond to the article on a Medium post
https://medium.com/@togacoin/re-scam-accusations-togacoin-cadde2a6de06
They need to redo some math in this article:
"Yes, pre-sale price was $0.45. Now it is $0.70 (5 cents difference, no big deal)."
It's actually $0.15, or a 33.33% price increase.
"When we received the first one, we did not take it as something serious, as the premises of the accusation were weak, mainly coming from the use of a face recognition software (yes, that same one used on Facebook apps to see ‘Which celebrity do you look alike?’) trying to prove that the pictures used for the Team were fake."
Yeah its because you copy/pasted them from elsewhere.