Foundation Token Movement Accounting!

34 sec read

Dear Community,

We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless. Even Binance confirmed it:

We already announced that there will be a release of ~2.5% (248mn) tokens as communicated in our post which coincides with the net outward movement.

Blog: https://blog.matic.network/october-2019-token-unlock-100-foundation-tokens-to-be-used-for-staking-activities/
Telegram: https://t.me/maticnetwork_announcements/601


List of all outward Token movements.
Aggregated outward movement ~2.7%
The foundation’s tokens are still here: https://etherscan.io/address/0xB316FA9FA91700D7084D377BFDC81EB9F232F5FF


The tweet that created the FUD was later retracted & an apology was posted by the original account.


Thanks to the Ethereum community for their continued support & belief!