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October 1, 2025BitcoinSistemi logoBitcoinSistemi

FUD Victim Altcoin Founder Forced to Make Statement – Today It Had Fallen Significantly

The new cryptocurrency project Plasma (XPL) has responded to the allegations circulating on social media in recent ￰0￱ surrounding the XPL token suggested that the team was “made up of former Blast employees,” that “Tether CEO Paolo Ardoino invested only $50,000,” and that “the team sold 800 million tokens.” Plasma founder Paulie Punt denied these allegations one by one in his statement: No token sale: Punt stated that no team member sold XPL all investor and team tokens are locked for 3 years and there is a cliff for the first ￰1￱ history: Punt said there are approximately 50 people on the Plasma team but explained that only three of them previously worked at Blur or ￰2￱ also argued that the team comes from companies like Google

Facebook Square Temasek Goldman Sachs

and Nuvei adding “If we were to describe our team as 'ex-Blast,' we should equally call it 'ex-Google' or 'ex-Goldman Sachs.'” No connection to Wintermute: Punt stated that they have never worked with Wintermute and have never engaged in any market-making ￰3￱ added that they have the same information about Wintermute's holdings on the XPL as the ￰4￱ News: Good News from the US Treasury Department for Michael Saylor and Other Major Bitcoin Bulls The XPL price had lost 17% of its value in the last 24 hours but there was a recovery following the exchange rate ￰5￱ showing the decline in XPL price over the last week. *This is not investment ￰6￱ Reading: FUD Victim Altcoin Founder Forced to Make Statement – Today It Had Fallen Significantly

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