Morningstar Ventures urges Space to refund 50% of excess funds and disclose fund usage, while the project agrees to return $7.3 million.
Morningstar Ventures has called on Space to safeguard its community interests by issuing a refund for at least 50% of raised funds and providing transparency on fund usage. Space has agreed to refund $7.3 million in excess contributions from its recent $20M public sale, which exceeded its initial target. A refund page is expected by January 27 with full disclosure of the current balance and roadmap.