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Following the Sharp Sell-Off in This Altcoin, the Team Issued a Statement: Ties with a Company Have Been Severed

Following the Sharp Sell-Off in This Altcoin, the Team Issued a Statement: Ties with a Company Have Been Severed

Photo: Bitcoin Sistemi

Axis Robotics today released a comprehensive statement following the sharp sell-off in its AXIS token. The team provided information regarding the origin of the tokens launched on October 28-29 and announced that it has halted all new transactions with an over-the-counter (OTC) trading company it suspects of orchestrating the sell-off. According to the project's description, the tokens sold come from the ecosystem allocation of the initial circulating supply. Distribution to buyers not directly familiar with the crypto sector is handled through a single intermediary with a written agreement outlining key terms and conditions.

Source: Bitcoin Sistemi

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