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

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

The Sui Foundation denied the allegations in an emailed statement to CoinDesk. “The Sui Foundation wants to address unfounded and materially false sta

The Sui Foundation denied the allegations in an emailed statement 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.” according to a spokesperson for the Sui Foundation.

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