Crypto Analyst Accuses Starknet Team of Dumping 400 Million STRK Tokens, Representing 4% of Total Supply
According to Jinse Finance, crypto analyst Andrew 10 GWEI (@Andrey_10gwei) published an analysis stating that StarkWare, the development company behind Starknet, and its team have sold at least 400 million STRK tokens on the market, accounting for 4% of the total supply. Andrew noted that he identified 14 addresses believed to belong to the StarkNet team, as these addresses held large amounts of tokens after the TGE and transferred them to centralized exchanges. The analyst emphasized that this is a conservative estimate and that the actual number of tokens sold may be higher, claiming to be gathering further evidence. Andrew 10 GWEI criticized the Starknet team as a "scam team" and "maximum extractors," accusing Starknet CEO Eli Ben-Sasson of posting bullish content about Starknet while simultaneously sending tokens to the order book.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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