CoinVoice recently learned that 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, foundation or Mysten Labs (including Mysten Labs founders) employees or ML investors, individually or collectively, sold $400 million worth of tokens during this period. Insiders did not engage in any preemptive selling or violations of lock-up periods and circulating supply schedules.

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. [Original link]