Treasure Co-founder: OTC trading does not come from the team, but rather from investors seeking to transition to a more liquid model

ChainCatcher news, Treasure co-founder Karel Vuong responded in the Discord community to the previous accusation of "the team selling tokens at half price through OTC," stating that the OTC traders are not from the team. Treasure is aware of the identities of both parties involved in the transaction, but out of respect and confidentiality, will not disclose their names.

Karel Vuong also stated, "The traders conducted OTC transactions for management and accounting reasons, aiming to transition to a more liquid model. This is not because they have lost confidence in Treasure. On the contrary, they are still supporting Treasure and providing advice. A statement from the relevant parties will be released soon."