🔥 1inch denies involvement in 14 million token sale that sent 1INCH to record lows
The 1inch team has issued an official statement on X denying any involvement in the sale of 14 million $1INCH, its native cryptocurrency, an action that led to the token crashing to its all-time low on Tuesday, January 27.
Its statement on X read, “With respect to yesterday’s activity, no
$1INCH was sold from wallets controlled by 1inch entities or our team, or our treasury multisigs. We do not control third-party holdings or their trading decisions.”
The 14 million token disposal worth $1.83 million triggered