Dear MovieBloc Community,
MovieBloc has completed the buyback process as explained in the previous announcement (https://medium.com/moviebloc/moviebloc-mbl-announcement-regarding-recent-incident-about-miscommunications-53cab2780d3e).
The additionally released and circulated 60,860,347 MBL has all been deposited back into the locked wallet designated for marketing use.
https://explorer.ont.io/tx/00e2cba804173ccd46d2842175a0c3c621bfebfa65ba3053fd394c42df70db58
The MBL amount that was re-deposited will be released as part of the token lockup release schedule according to the corrected token lockup release schedule (https://xangle.io/project/MBL/recent-disclosure/62afcffd2a1d1b294b3a14bd) posted today, which is also reported to the required exchanges.
MovieBloc will strictly manage the team in detail in order to prevent such incidents from happening again.
Thank you very much for being part of MovieBloc’s community, and we deeply apologize for your inconvenience.
Sincerely
From the MovieBloc Team
