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LongbridgeAI

HongCoin ICO Bug Resolved After Nine Years, 1,003 ETH Recovered

CoinLive
May 31, 2026 at 10:27 PM
Florent announced the recovery of approximately 1,003 ETH, valued at around $2 million, from a 2016 HongCoin ICO contract. According to NS3.AI, a bug had prevented refunds for nine years after the initial sale did not meet its target. The HongCoin team facilitated the recovery by signing the unlock transactions through its multisig.

Source: CoinLive The copyright of this article belongs to the original author/organization.

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