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A comment on CEO of porn cryptocurrency disappears with investor money. Parent comment

Re:CEO of porn cryptocurrency disappears with investor money by cryptoz on Monday January 08, 2018 @06:31PM (#16101961)
What gains? 1 eth is 1th, there are no gains there. They took something like 1 eth from this person, and gave back .3 eth. That's stealing. (numbers not to scale)
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Re:CEO of porn cryptocurrency disappears with investor money by pbiggar on Monday January 08, 2018 @06:39PM (#16102025)
What was the price tag in? If the price tag was $1, they owe $1. If the price tag was 1 eth, they owe 1 eth.

[edit: I've changed my mind. They bought an asset for $x in USD, they are owed $x in USD]

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Re:CEO of porn cryptocurrency disappears with investor money by cortesoft on Monday January 08, 2018 @06:57PM (#16102159)
It was in eth, which is the problem. They invested one eth, and got back .3 eth.
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Re:CEO of porn cryptocurrency disappears with investor money by pbiggar on Monday January 08, 2018 @07:02PM (#16102191)
If that's the case, then yeah, they got ripped off, and they can and should go to court to get it back.

Do you know where this was posted? I'd love to read the wording.

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Re:CEO of porn cryptocurrency disappears with investor money by CoryG89 on Monday January 08, 2018 @06:51PM (#16102116)
Apparently this is an ERC-20 token on the Ethereum blockchain, which means it is (probably) purchased using ETH.
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Re:CEO of porn cryptocurrency disappears with investor money by pbiggar on Monday January 08, 2018 @07:01PM (#16102187)
"Purchased using" is not the same as "price tag in". If I'm in the US, and I buy something from the UK, I would have paid GBP. My refund would be expected in GBP and they are not responsible for the currency fluctuations in between.
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