Golden Finance reported that, according to Bitcoin.com, the Venice Protocol project party has been accused by the community of dumping $10.2 million worth of Token after its release. It is alleged that the Venice team immediately sold $VVVToken after the release, causing the token price to drop by 63% in less than two weeks.
In addition, the market maker Wintermute is accused of dumping Token before it is listed on any centralized exchange.
In response to the above accusations, the project party responded that the Token economics had been disclosed in advance, and all transactions were conducted on-chain.
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