Search results for "AVI"
2025-12-17
02:36

Kled founder accuses Believe founder of continuously selling off KLED tokens

PANews December 17 News, Solana ecosystem AI project Kled founder Avi Patel posted on X platform, accusing Believe founder Ben Pasternak of continuously selling KLED tokens in the market. Patel stated: "For a full 7 days, Pasternak has been using a DCA strategy to continuously sell millions of KLED tokens, coinciding with the release of our largest application update to date and a bear market low in trading volume. According to the fee agreement, Pasternak held over 6% of the KLED token supply, and this portion of tokens continued to accumulate until our exit from Believe in July. He had explicitly promised afterward that he would never sell KLED on the open market; if liquidity was needed, he would opt for OTC trading or token burning." Patel pointed out, however, on September 25, the project
More