Nillion: An unauthorized market maker sold NIL tokens, and the repurchase of the sold tokens has already begun.
BlockBeats News, November 20, Nillion stated in an article, "A certain market maker sold NIL tokens without the legal authorization of the Nillion Association, and refused to respond to any communication from the team during and for several hours after the flash sale.
We are taking immediate action. The Nillion Association has begun to use association funds to buy back the tokens that were sold. We also commit to using all funds obtained from the unauthorized sale by this market maker to repurchase more NIL tokens.
We are making every effort to pursue legal responsibility, coordinating with exchange partners to ensure that all accounts and wallets related to this incident have been frozen."
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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