Trove Token Sale Rule Changes Lead to Over $73,000 Loss for a Polymarket Trader
2026-01-12 03:49
Odaily News According to monitoring by The Poly Nerd, Trove updated its contract five minutes before the token sale ended, extending the deposit deadline to January 20. Subsequently, the Polymarket order book saw massive buy orders ranging from 100,000 to 300,000 shares originating from project-related wallets. Trove first announced on platform X that the sale would be extended by 5 days, causing the odds for the high fundraising bracket to surge. It then posted again, stating the extension was canceled and the original plan would be maintained, leaving many traders trapped. One trader, who invested $89,000 near the close in an attempt to earn a $200 profit, now faces a loss exceeding $73,000.
