Cointime update: Delta said an early OTC deal allocated 26 million DELTA, or 2.6% of supply, to a partner in exchange for operating funds and marketing support, with no vesting or lockup attached. Of that, 16.5 million DELTA has been sold and 9.5 million remains in two receiving wallets. The team said it cannot control the partner’s subsequent sales and that talks on a resolution failed, while publishing on-chain records to show it did not sell DELTA directly.
Delta Says 26M DELTA Tokens Sold by OTC Partner With No Lockup
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