The brand new cryptocurrency mission Plasma (XPL) is responding to current allegations circulating on social media.
Rumors surrounding the XPL token counsel that the group is “comprised of former Blast workers.”
Plasma founder Paulie Pant denied every of those allegations in his assertion.
- No token gross sales: PUNT stated that group members should not promoting XPL and all traders and group tokens have been locked for 3 years, and there’s a cliff within the first yr.
- Crew Historical past: Punt stated there are about 50 folks on the plasma group, however defined that solely three folks beforehand labored for Blur or Blast. He additionally claimed that the group comes from corporations like Google, Fb, Sq., Temasek, Goldman Sachs and Nuvei, including that “we must always name our group equally “Ex-Google” or “Ex-Goldman Sachs.”
- There isn’t any connection to WinterMute: Punt stated he has by no means labored with WinterMute and has by no means engaged in market resolution actions. He added that they’ve the identical data as the general public about WinterMute holdings relating to XPL.
XPL costs have misplaced 17% of their worth within the final 24 hours, however they’ve recovered following the announcement of change charges.
A chart displaying the decline in XPL costs final week.
*This isn’t funding recommendation.
