Add warning about trading tokens before refundable crowdsale goal is met (#1452)
This attack was reported in https://github.com/OpenZeppelin/openzeppelin-solidity/issues/877
(cherry picked from commit 80458ebc72)
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@ -8,6 +8,19 @@ import "../../payment/escrow/RefundEscrow.sol";
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* @title RefundableCrowdsale
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* @title RefundableCrowdsale
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* @dev Extension of Crowdsale contract that adds a funding goal, and
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* @dev Extension of Crowdsale contract that adds a funding goal, and
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* the possibility of users getting a refund if goal is not met.
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* the possibility of users getting a refund if goal is not met.
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* WARNING: note that if you allow tokens to be traded before the goal
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* is met, then an attack is possible in which the attacker purchases
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* tokens from the crowdsale and when they sees that the goal is
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* unlikely to be met, they sell their tokens (possibly at a discount).
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* The attacker will be refunded when the crowdsale is finalized, and
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* the users that purchased from them will be left with worthless
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* tokens. There are many possible ways to avoid this, like making the
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* the crowdsale inherit from PostDeliveryCrowdsale, or imposing
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* restrictions on token trading until the crowdsale is finalized.
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* This is being discussed in
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* https://github.com/OpenZeppelin/openzeppelin-solidity/issues/877
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* This contract will be updated when we agree on a general solution
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* for this problem.
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*/
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*/
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contract RefundableCrowdsale is FinalizableCrowdsale {
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contract RefundableCrowdsale is FinalizableCrowdsale {
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using SafeMath for uint256;
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using SafeMath for uint256;
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