Foundation Token Movement Accounting!

Dear Community,

We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless. Even Binance confirmed it:

Tweet: https://twitter.com/cz_binance/status/1204261531015188480

We already announced that there will be a release of ~2.5% (248mn) tokens as communicated in our post which coincides with the net outward movement.

Blog:

October 2019 Token Unlock: 100% Foundation Tokens to be used for Staking Activities - Matic Network…

Telegram:

Matic Network Official Announcements

List of all outward Token movements.

Aggregated outward movement ~2.7%
The foundation’s tokens are still here: https://etherscan.io/address/0xB316FA9FA91700D7084D377BFDC81EB9F232F5FF

The tweet that created the FUD was later retracted & an apology was posted by the original account.

Thanks to the Ethereum community for their continued support & belief!

Originally published at https://blog.matic.network on December 10, 2019.