Polygon

<ul class="news-points"> 
 <li><strong>According to ChainArgos, there have been several suspicious flows to exchanges from Polygon.</strong></li> 
 <li><strong>ChainArgos claimed that the Polygon network has not sustained its original token allocation plan.</strong></li> 
 <li><strong>The blockchain intelligence firm highlighted inconsistencies in Polygon’s vesting contract outflows.</strong></li> 
</ul> 
<p>According to ChainArgos, a blockchain intelligence firm, there have been several suspicious flows to exchanges from Polygon. The firm shared details of its allegations in a follow-up thread on X (formerly Twitter), claiming that the <a href="https://coinedition.com/tag/polygon-matic/">Polygon network</a> has not sustained its original token allocation plan.</p> 
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   <p lang="en" dir="ltr">1/ Polygon: more suspicious flows to exchanges. Do you people not check anything?<br><br>This is only ~200mm but … come on. Maybe a reply is now warranted? <a href="https://t.co/reDtyFsecP" target="_blank" rel="nofollow">https://t.co/reDtyFsecP</a> <a href="https://t.co/U0v1AJlkt7" target="_blank" rel="nofollow">pic.twitter.com/U0v1AJlkt7</a></p>— ChainArgos (@ChainArgos) <a href="https://twitter.com/ChainArgos/status/1747862018269618195?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 18, 2024</a>
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<p>On January 15, the blockchain intelligence firm shared information about its discoveries in <a href="https://coinedition.com/polygons-matic-token-controversy-whats-behind-the-suspicious-flows/">Polygon’s token distribution</a> exercise. According to the shared data, there is a “vesting contract” that mechanically unlocks all flows. That is separate from the foundation contract that operates the foundation and manages allocations.…</p>
<p>The post <a href="https://coinedition.com/matic-dump-blockchain-firm-accuses-polygon-of-suspicious-transfers/">MATIC Dump? Blockchain Firm Accuses Polygon of Suspicious Transfers</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

MATIC Dump? Blockchain Firm Accuses Polygon of Suspicious Transfers

Coin Edition

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