Polygon Foundation Faces 400M MATIC Misappropriation Claims
Polygon Foundation is accused of misappropriating funds and dumping on holders.
• Polygon Foundation has been accused of misappropriating MATIC.
• In addition to misappropriation claims, the entity is accused of dumping its MATIC holding on the community.
• The questionable transfers occurred over four years.
Recently, the Polygon ecosystem has increasingly been at the center of controversy. In the latest instance, the activities of the Polygon Foundation have come under the microscope.
The entity tasked with supporting Polygon research, development, and education stands accused of misappropriating millions of MATIC and dumping millions more on holders.
Polygon (MATIC) Token Allocation Questioned
According to a Monday, January 15 report from crypto intelligence firm ChainArgos, the Polygon Foundation has diverted 400 million MATIC meant to reward stakers per the project’s original tokenomics to Binance.
Read more on DailyCoin: https://dailycoin.com/polygon-foundation-faces-400m-matic-misappropriation-claims/
Polygon Foundation is accused of misappropriating funds and dumping on holders.
• Polygon Foundation has been accused of misappropriating MATIC.
• In addition to misappropriation claims, the entity is accused of dumping its MATIC holding on the community.
• The questionable transfers occurred over four years.
Recently, the Polygon ecosystem has increasingly been at the center of controversy. In the latest instance, the activities of the Polygon Foundation have come under the microscope.
The entity tasked with supporting Polygon research, development, and education stands accused of misappropriating millions of MATIC and dumping millions more on holders.
Polygon (MATIC) Token Allocation Questioned
According to a Monday, January 15 report from crypto intelligence firm ChainArgos, the Polygon Foundation has diverted 400 million MATIC meant to reward stakers per the project’s original tokenomics to Binance.
Read more on DailyCoin: https://dailycoin.com/polygon-foundation-faces-400m-matic-misappropriation-claims/
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