I Lost Thousands After Coinbase Solvex Token Contract Changed Without Warning
I’ve been securely holding my Solvex tokens in a cold wallet, only to find out that the contract address for the token has been changed without any clear warning or communication. Now, although my balance still shows a value of approximately $345,000, when I attempt to sell, the system only values my tokens at around ₺220.
On the Coinbase interface, the price appears to be $0.27 per token, yet when I go to sell, it executes at a completely different rate—$0.00019 per token. This is a massive loss, and I haven’t received any support or explanation from the Coinbase team.
Why was the contract address changed silently? Why weren’t users informed in advance so they could act accordingly? This sudden shift has left me and possibly many others holding nearly worthless assets that appear valuable on the surface but can’t actually be sold for anything close to that displayed value.
