Trove Markets - Febspot

Trove Markets

A collection of 2 posts

Trove to keep $9.4M after pivot to Solana as investors demand refunds — Images.cointelegraph.com

Trove to keep $9.4M after pivot to Solana as investors demand refunds

Trove Markets said it will retain $9,397,403 of funds raised to build a perpetual derivatives exchange on Solana, prompting uproar among investors after the project announced a pivot away from an expected integration with Hyperliquid days before its token generation event. Trove had raised over $11.5 million

Trove Markets accused of selling over $10 million in HYPE tokens — Assets.beincrypto.com

Trove Markets accused of selling over $10 million in HYPE tokens

Beincrypto reported that Trove Markets allegedly sold more than $10 million worth of HYPE tokens from a project-linked wallet within a 24-hour period. On-chain data from wallet 0xebe07e526c4dc5f0005801bbd7d9850c424cf719 showed initial sales of 6,196 HYPE (about $160,000 at current rates), and Hyperliquid News said the activity escalated to 194,