Deep Tide TechFlow News, January 10, according to CryptoBriefing, the multi-chain crypto wallet service provider Phantom has sparked controversy due to its interaction with AceofAI. On January 9, AceofAI announced a 'partnership' with Phantom and joined its embedded wallet early access program. Phantom responded to the tweet with an emoji, which the market interpreted as confirmation of the partnership, causing the ACE token price to spike to $0.017.
However, Phantom later deleted the relevant reply and clarified that AceofAI was only using its embedded wallet product, and there was no formal partnership or endorsement relationship between the two parties. Phantom stated that it was unaware that its services would be used for token endorsement. As a result, the ACE coin price plummeted to $0.0005, a drop of over 90%. Many investors reported suffering losses due to misunderstandings about the relationship between the two parties and questioned Phantom's communication approach.

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