Recently, two friends around me participated in community or KOL rounds of different projects, which were originally about to launch and unlock, but due to the involvement of South Korean exchanges and Binance, they were all required to re-sign investment contracts, and the lock-up period was changed to over a year.
Upon inquiry, I learned that many first-tier exchanges require project parties to lock for at least a year, and they will strictly monitor the on-chain unlocking status of the project parties. If there are any irregularities, they will be penalized with a margin, resulting in everyone becoming family...