According to Foresight News: A member of the decentralized gaming ecosystem Treasure team on Arbitrum, known as X_, responded to rumors of the team selling tokens at half price through OTC in a Discord community. X_ stated, 'To my knowledge, this is not the case. If there were such sales, it could be anyone.' Another Treasure team member suggested that this might be controlled FUD.
Previously, a large MAGIC holder named ogle accused the Treasure team of selling MAGIC tokens at 50% of the market price through OTC and claimed that other whales within the community were also selling MAGIC. Community feedback indicated that due to issues with the distribution mechanism, the BattleFly project had expressed dissatisfaction with the Treasure team and stated that they would sell tokens.
