Ganbalongwang: Will sell all SAT1 to compensate SAT1 loss users and exit the platform
Odaily reported that Hanba Longwang stated on the X platform that he only participated in buying SAT1 tokens and did not take part in any dumping activities, currently being in a break-even state.
He will sell all of his SAT1 holdings, and the resulting 35 ETH will be distributed to users who incurred losses. The snapshot period is from block 25047577 to block 25055551. Compensation will be allocated according to a scoring formula based on the loss amount and loss ratio, with users who lost less than 30% not included in the calculation. Hanba Longwang also announced that after completing the compensation process, he will withdraw from the internet.
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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