ESPORTS: 5月25日的暴跌是由合作做市商的违规操作造成的

Odaily Planet Daily News: Yooldo posted on platform X, issuing an official statement regarding the significant price drop of the ESPORTS token on May 25. The incident was not initiated, led, or intended by the ESPORTS team, which remains committed to building a healthy ecosystem and creating long-term value for the community.

The key findings of the investigation are as follows: The ESPORTS team had previously onboarded external OTC and market-making partners to support liquidity and ecosystem development; the investigation found that one of these partners engaged in activities inconsistent with the agreed terms with the team; based on available information, the team believes that the large-scale selling activity originated from tokens previously provided to that partner, although tracking the complete fund flow is difficult due to transactions passing through multiple wallets, counterparties, and exchanges; the ESPORTS team did not execute, coordinate, or instruct any market sell-off intended to cause a price decline. After identifying the issue, the team has cooperated with exchanges and relevant parties to investigate the incident and limit further damage; the team has begun implementing recovery measures, including liquidity support and onboarding new, long-term partners, but still faces challenges from the continued selling pressure of that market maker and overall market activity.

Yooldo also stated that new game updates and an additional buyback plan will be announced soon, and advised all project founders to only cooperate with reputable and trustworthy market makers.