PANews reported on August 28 that regarding the previous analyst’s statement that “the restricted sale period for Bybit and FTX’s exchange platform tokens is approaching, and the current price difference between the two exceeds 53 million US dollars”, Igneus Terrenus, head of public relations at Mantle, responded: “Bybit has never had a CEX token. BIT is the governance token of BitDAO. The BIT held by Alameda is restricted from being transferred to MNT, and the two parties are currently going through legal procedures.”