The investors highlighted movements of the ASTRA tokens they characterized as suspicious. “Our most pressing concern, however, pertains to token movements. The address associated with the creation of the Astra token repeatedly transfers substantial sums to CEXs, suspiciously timed just prior to new announcements and invariably followed by a significant drop in token price. The explanations thus far provided for these events are nebulous and unsatisfactory,” wrote the consortium in the letter addressed to Astra Protocol co-founders Damien O’Brien, Jez Noah Ali, Arthur Ali and the broader Astra team.
Related posts
-
ONDO Faces 30% Correction Risk If It Loses $1.46 Support – Top Analyst
Este artículo también está disponible en español. Ondo Finance has faced significant challenges in recent weeks,... -
Solana Layer-Two Protocol Solaxy Raises Nearly $5M in Its Presale After Just a Few Days
The Solaxy ($SOLX) presale has raised nearly $5 million... -
Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops
Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the...