LEOBTC50 Project Enters Into The Liquidation Process

Dear BitMart Users,

With regrets, we have to inform you that, due to the continuous low pricing of BTC on the market, in order to avoid losses of LEOBTC50 token holders, the project owner, ACE FOUNDATION PTE. LTD., has decided to permanently stop the LEOBTC50 project and to enter into the liquidation process per the whitepaper of LEOBTC50. As a result, the income distribution based on hash rate payouts to LEOBTC50 token holders will also permanently stop on July 23, 2020.

In accordance with the whitepaper of LEOBTC50, ACE FOUNDATION PTE. LTD. will start disposing of the corresponding mining gigs under the supervision of INTERHASH on July 23, 2020, and use the proceeds to redeem the LEOBTC50 tokens from current token holders.

ACE FOUNDATION PTE. LTD. will redeem the LEOBTC50 tokens based on below price:

• LEOBTC50 Redemption Price: 14.84 USDT / LEOBTC50

As the exchange, BitMart will offer technical assistance to support the redemption arrangements between ACE FOUNDATION PTE. LTD. and LEOBTC50 token holders. 

Should you have any questions, please refer to the LEOBTC50 Whitepaper: http://www.leomining.io/Leomining%20Whitepaper.pdf.

Thank you for your generous support to the LEOBTC50 project.

If you have any questions, please contact the administrator of the BitMart Telegram Community. [t.me/BitMartExchange]

BitMart Team

July 23, 2020