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
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
13m ago
Ansem: Hyperliquid’s Next Growth Phase Hinges on Expanding User Base
20m ago
Huobi HTX to List 20 Stock Tokens and ETF Assets Including MSTR, TSLA, NVDA on Nov 9
21m ago
South Korea’s Supreme Court Clarifies Crypto Seizure and Liquidation Rules
22m ago
Solana Developers Propose Scrapping Durable Nonce Transactions
23m ago
Dormant Wallet Withdraws 34,601 ETH Worth $73.75M From Binance in Three Hours
24m ago
Galxe Integrates Into Gravity, Phases Out Quest and Identity Services