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Arkham: Two competitors spread rumors about ARKM token transfer in an attempt to create FUD

Arkham: Two competitors spread rumors about ARKM token transfer in an attempt to create FUD

ChainCatcher2024/04/09 15:35
By:ChainCatcher

According to ChainCatcher news, Arkham posted on the X platform that two competitors were spreading rumors about ARKM token transfers in an attempt to create FUD (but the names of the two competitors were not announced). Arkham clarified that the related ARKM token transfers, like all ARKM transfers that have been made, were of unlocked tokens according to the token economics published here, and both transfers were of unlocked tokens:

1. 20 million ARKM were transferred from the foundation vault to a separate wallet. This transaction has been approved in the recent Arkham governance proposal;

2. 5 million ARKM from the Ecosystem Fund, which currently holds 260 million ARKM. These tokens are unlocked based on published token economics.

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