OysterLabs rugged $1.2M from users on pre-orders — and delivered exactly nothing.
📱 The "innovative" TON Phone? Just a rebranded cheap Chinese Infinix GT 10 Pro.
When that leaked, they announced an "upgraded" V2 and opened pre-orders again. Spoiler: no one saw that one either 👃
To keep bagholders quiet, they threw crumbs like airdrops from "partners" — trash like SquidTG pyramid and Tonald shitcoin (worth ~$6.5 total).
😬 Two years later: no phone, dead website, Twitter admins stopped deleting scammed users' comments.
TON Foundation smelled the scam early and distanced themselves nicely 😏
Sources:
https://x.com/oysterecosystem/status/2020950657436614880?s=46
https://x.com/oysterecosystem/status/2020950657436614880?s=46
What do you think — classic rug pull or "innovative" fundraising experiment?
Ever got rugged on a pre-order? Share your horror stories below 😭
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#leofinance #ton #crypto #scam #rugpull #oysterlabs #toncoin