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.


Please enter your comment!
Please enter your name here


APhone Launches AppNest: Free, Open App Store for Web2 & Web3 Apps

APhone has launched AppNest, its decentralized app retailer that seeks to disrupt the normal cell app market dominated by Apple and Google. The platform...

Privacy Token Monero Has (Finally) Reversed February Slide With Golden Cross

Please notice that our privateness coverage, phrases of use, cookies, and don't promote my private info has been up to date.CoinDesk is an award-winning...

How Ronin Layer-2 and zkEVM Integration Will Transform the Gaming Ecosystem

The blockchain gaming business is about to expertise a major shift as Ronin, the Ethereum sidechain community used for Axie Infinity, prepares to include...

The Protocol

3. Polkadot's decentralized governance authorised the Be a part of-Accumulate Machine (JAM) protocol because the community's future structure, in keeping with the crew: "JAM,...

Most Popular