Sui Foundation Denies $400 Million Insider Selloff Amidst Community Backlash

The Sui Foundation has strongly denied allegations of insider selling after claims surfaced of a $400 million SUI token selloff by insiders. This had sparked widespread backlash within the cryptocurrency community. An on-chain investigation led by well-known crypto analyst Light fueled the controversy. He suggested that large transfers of SUI to Binance, OKX, and Bybit originated from... source: https://beincrypto.com/sui-foundation-denies-insider-selloff/