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Developer and Founder Tanks Oyster Protocol (PRL) Price by Deliberate Dumping

Published 10/31/2018, 10:48 AM
Updated 10/31/2018, 12:00 PM
© Reuters.   Developer and Founder Tanks Oyster Protocol (PRL) Price by Deliberate Dumping

The Oyster Protocol (PRL) digital asset has experienced a catastrophe - a mix of an exit scam plus self-sabotage - following internal disagreements of the team. PRL crashed by more than 51% on Wednesday, and wiped out more than 85% of its value after massive selling on KuCoin.

https://twitter.com/KuCoinMod/status/1057557366906990592

PRL now trades around $0.03, after diving from levels of $0.22. PRL was appreciating and even having a short-term rally when the news of smart contract abuse and exchange dumping caused irreparable damage. It turned out the Oyster Protocol founder and developer, going by the moniker “Bruno Block”, had disagreements with the project’s CEO, Bill Cordes.

Bruno...


This article appeared first on Cryptovest

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