Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market

SOON responds to abnormal price fluctuations: No tokens have been sold, product development will continue

2025-07-08 11:45

Odaily News Joanna Zeng, co-founder and CEO of SOON, posted on the X platform that the SOON community and project have recently faced abnormal price fluctuations in tokens. The SOON team's preliminary investigation found that the fluctuations were suspected to be organized manipulation, targeting multiple assets, including SOON, with the intention of creating panic and profiting from it. SOON officials emphasized that the team did not sell any SOON tokens and did not profit from this incident; the project will not be terminated and product development will continue. SOON Labs said that it will continue to promote ecological construction and conduct an in-depth investigation of the incident, and will release a detailed analysis report to the community later.