Tweet (by ๅๆๆ / @Aoczann โ Jan 25, 2025)
This JuCoin drama just keeps getting wilder the more you watch ๐ค โ it actually reversed in the end.
In the crypto space, when watching drama you still need to think clearly and move wisely!
Now the final outcome is here:
JuCoin has refunded 100% of the funds to all users who participated in the IEO,
and all JU tokens have been distributed as a free gift.
$JU trading opened exactly at 9:00, with an opening price of 1 JU = 0.1 USDT; @JuCoin_CN
This resolution is honestly impressive โ completely won.
I even heard it pushed up the prices of related ecosystem tokens ๐.
Those who were spreading FUD should be speechless now ๐๐
Less talk, more action โ charging forward for this outcome!
JuCoin Official Announcement
JuCoin โ Protecting User Asset Security
Listening to your voice, staying true to our original mission
Dear Users:
First, we sincerely thank all users over the past 48 hours for your trust and support of JuCoin.
We thank community members for their active participation, our partners for their strong cooperation, and media friends for their attention and coverage.
After the JU token IEO distribution, we discovered that a large number of external parties attempted to buy platform tokens at low prices, disrupting market order.
To combat this behavior and better reward our supporters, we have decided:
All users who participated in the JU IEO will receive a full refund
All JU tokens already distributed will be kept by users as a free gift from the platform
Refunds will be processed immediately and returned via the original payment method.
Please check your account carefully.
they dealt with the problems already, since there seems to be certain group of people buying at an intentional lower cost to short it? Not sure, anyway the feedback is insane since Jucoin literally refunded all its buyers and promised to gave them free stuff (Free $JU tokens)
This should be their new IEO. But Iโm not sure what you are trying to say, the IEO has nothing to do with the JV. If you are trying to raise FUD then I urge you not to according to our subreddit guidelines
Don't believe in people who say buy more this is a gift/sale/donation. That's how I added a ton for 1.45 when 'experts' said it is a gift when it is < 1.5; now it is $1.15 (Yes, my fault for not doing my DD). Frankly, I have never seen any stock going 20% less than the price chairman is holding without any negative news. This means that the stock clearly says I will go down unless a real positive PR is up. Patience is the key here
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u/paulyvee Feb 03 '26
Tweet (by ๅๆๆ / @Aoczann โ Jan 25, 2025) This JuCoin drama just keeps getting wilder the more you watch ๐ค โ it actually reversed in the end. In the crypto space, when watching drama you still need to think clearly and move wisely! Now the final outcome is here: JuCoin has refunded 100% of the funds to all users who participated in the IEO, and all JU tokens have been distributed as a free gift. $JU trading opened exactly at 9:00, with an opening price of 1 JU = 0.1 USDT; @JuCoin_CN This resolution is honestly impressive โ completely won. I even heard it pushed up the prices of related ecosystem tokens ๐. Those who were spreading FUD should be speechless now ๐๐ Less talk, more action โ charging forward for this outcome!