Alien.Fi announces the cancellation of the Xirtam project IAO event: the latter concealed the fact that it had completed seed round financing at a 30% discount

ChainCatcher news, the Arbitrum ecosystem DEX AlienFi announced on social media that its originally scheduled IAO event for the Xirtam project on April 26 has been canceled. According to conversation screenshots and text explanations provided by AlienFi, Xirtam previously concealed from Alien.Fi the fact that it had completed a seed round sale at a price of $0.0125, which is approximately 30% of the IAO price.

AlienFi further stated that after realizing the matter could not be hidden, Xirtam refused to offer Alien.Fi users a lower IAO participation price and attempted to delete the relevant chat records. AlienFi successfully made the information public by promptly taking screenshots to preserve the factual information. (Source link)