According to TechFlow, on October 15, the public chain project Sui Network stated on the X platform that in response to the accusation that "Sui insiders sold $400 million worth of tokens during this rally", the Sui Foundation wanted to respond directly to this person:
1. No insiders, employees of the Foundation or Mysten Labs (including the Mysten Labs founders) or ML investors, either individually or collectively, sold $400 million worth of tokens during this period. Insiders did not engage in any preemptive selling or violations of the lockup period and circulating supply schedule.
2. Although the poster did not provide a wallet address, we believe the possible owner of the wallet is the infrastructure partner, who owns the tokens according to the lock-up period. All token lock-up periods are executed by qualified custodians and are continuously monitored by the Sui Foundation, and the partner complies with the regulations.
