To pick one of many red flags: if they bid for the town and lose to a higher bidder (price might be around $2M), "There is no refund mechanism coded into the co

To pick one of many red flags: if they bid for the town and lose to a higher bidder (price might be around $2M), "There is no refund mechanism coded into the contract per se; this does not mean refunds will never be possible, though." That seems like the sort of eventuality one should think through in advance.