Songshu responds to Swarms' allegations: High-value holdings reached $30 million and were never sold; the team launched an attack after failing to obtain 10% of the platform's fees.

According to ChainCatcher, Swarms Foundation member Songshu (@imsongshu) responded to Swarms' accusations, stating that when the value of his Swarms token holdings reached 30 million USD at its peak, he had already transferred those tokens to the Foundation and had never sold them. He claimed that the team attacked because their request for 10% of the platform's fees was not granted.

Previously, Swarms had posted that Songshu Swarms deceived investors and attempted to manipulate the Swarms market.