The organizers of the embattled Fyre Festival 2 announced the event has been postponed indefinitely and refunds were being issued.

“The event has been postponed and a new date will be announced,” a message sent to ticket buyers read, according to ABC News. “We have issued you a refund. Once the new date is announced, at that time, you can repurchase if it works for your schedule.”

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The new festival was scheduled to take place in Playa del Carmen, Mexico from May 30 to June 2. Tickets went on sale in February starting at $1,400.

The first Fyre Fest, which took place in the Bahamas in 2017, was marred by subpar food and accommodations and last-minute cancellations by musical acts.

The snafu became material for material streaming service documentaries and led to organizer Billy McFarland pleading guilty to wire fraud. He was released from prison in 2022 and owes millions in restitution after a class-action settlement.

“I’m sure many people think I’m crazy for doing this again. But I feel I’d be crazy not to do it again,” McFarland, 33, said when announcing the second festival.

No lineup had been announced before the event was postponed.