PANews reported on October 15 that the public chain project Sui Network stated on the X platform that in response to the accusation that "Sui insiders sold $400 million worth of tokens during this rally", the Sui Foundation wanted to respond directly to this person: 1. During this period, no insider, foundation, or Mysten Labs (including the founder of Mysten Labs) employees or ML investors sold $400 million worth of tokens individually or in combination. Insiders did not engage in any preemptive selling or violations of the lock-up period and circulation supply plan. 2. Although the poster did not provide a wallet address, we believe that the possible owner of the wallet is an infrastructure partner who owns the tokens according to the lock-up period. All token lock-up periods are executed by qualified custodians and continuously monitored by the Sui Foundation, and the partner complies with regulations.
