Nillion co-founder: Due to confidentiality agreements, we are temporarily unable to disclose the identity of the market maker who sold NIL without authorization.
Foresight News reported that Nillion co-founder and CEO Alex Page stated that a certain market maker previously sold NIL tokens without authorization. Multiple parties have requested Nillion to identify the involved party, but Nillion is unable to disclose their identity due to confidentiality agreements. Violating these agreements would harm ongoing legal negotiations and affect the process of recovering funds and tokens. The legal team is currently actively negotiating with the market maker to recover the unauthorized sold tokens.
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.
You may also like
New York Federal Reserve Survey: Service Sector Price Increases Hit Fastest Pace Since 2022, Business Activity Index Drops to Lowest Since March
A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.

Raoul Pal Holds Bitcoin, Solana and Ethereum, but Calls One Wildly Undervalued
Ethos Technologies President Wang Lingke Reports Sale of $4.54 Million in Common Shares
Exclusive report - Boeing memorandum says sales chief McMullen will retire
