Sui Foundation refutes rumors of insider selling $400 million SUI: wallet owners may be infrastructure partners

Odaily Planet Daily News: Sui issued a statement on X: "In response to allegations that 'Sui insiders sold $400 million worth of tokens during this rally,' Sui Fund has made the following response: During this period, no insiders, foundations, employees of Mysten Labs (including Mysten Labs founders), or ML investors sold tokens worth $400 million individually or in combination. Internal personnel did not engage in any pre sale or violation of lock up and circulation supply plans; Although the poster did not provide a wallet address, we believe that the possible owner of the wallet is an infrastructure partner who owns tokens according to the lock up schedule. All token lock up periods are executed by qualified custodians and continuously monitored by the Sui Foundation, and the partner complies with regulations