HomeCrypto GamingSui (SUI) Foundation Calls Report of Supply Manipulation 'Materially False'

Sui (SUI) Foundation Calls Report of Supply Manipulation ‘Materially False’

-

The Sui Foundation denied the allegations in an emailed assertion to CoinDesk. “The Sui Foundation wants to address unfounded and materially false statements surrounding the supply of SUI tokens. Certain media outlets appear to be, whether willfully or recklessly, ignoring the easily demonstrable facts surrounding the foregoing. In particular, contrary to recent conjecture, there has never been any sale of SUI tokens by the Foundation after the initial Community Access Program (CAP) distributions. The circulating supply schedule displayed in the Sui Foundation public website and available through the public API endpoints is accurate.” in accordance with a spokesperson for the Sui Foundation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

‘Extremely Bearish:’ Is $91K New Bitcoin Price Target?

Good Morning, Asia. Here is what's making information within the markets:Welcome to Asia Morning Briefing, a each day abstract of high tales throughout U.S....

How Visa Uses Stablecoins for Instant Settlement and Cross-Border Payments

Stablecoins have taken a significant leap from crypto exchanges into actual funds....

Cosy RPG Moonfrost goes web2, spinning out web3 risk-to-earn platform Frost Arcade

OG blockchain sport developer Oxalis has made the choice to drop blockchain from its cosy RPG Moonfrost, with the now-fully web2 sport being ready...

Internet Computer (ICP) Surges Past $7.00 With 34% Rally on Massive Volume

ICP$6.1328 prolonged its highly effective rally on Thursday, leaping 33.99% to $7.02 in a transfer that firmly established a bullish breakout above the important...

Most Popular

spot_img