Bittrex conducted a fraudulent IEO:1. Sold 56 million Ocean (1300 BTC) at a price of 0.00002350 BTC.
2. Before the opening of trading message from Ocean on Twitter: "the Starting price of 0.00001000"
3. 1 hour before the opening of trading on Bittrex, the Ocean coin is added to another exchange in the Ocean/ETH pair. Price drops to 600 St
4. p. 2 and 3 were not agreed before the sale of the coin. Investment conditions changed at the last moment.
The coin is worth less than 0.00000400 BTC now:https://international.bittrex.com/Market/Index?MarketName=BTC-OCEANThe IEO was attended by more than 5,000 verified users and their balances in minus x4-X5.
Bittrex and Ocean are silent. Bitrex is responsible only to third-party issues. The twitter Ocean and Bittrex have hundreds of angry comments, but they are all ignored. The ocean team went on vacation until mid-June and only removes comments in their Twitter.
Update 17.05.2009Bittrex responded about the Ocean.
More details in the blog:
https://bittrex.zendesk.com/hc/en-us/articles/360028259771-What-role-does-Bittrex-International-play-in-IEOs-Ocean Comment:
https://blog.oceanprotocol.com/what-happened-with-the-ieo-54cc5c6c3db9Comments from Bittrex and Ocean:1. Bittrex and Ocean are "very sorry." Ocean promise to invest in the development of the coin and thus raise its value
2. There will be no cancellation of trades and no refund
3. Bittrex stated that it is not responsible for anything and does not control. It only gets paid for IEO.
4. Bittrex also States that it does not control the listing on other exchanges during the sale and distribution of coins. This also applies to future IEO.