SOON CEO responds to abnormal price fluctuations: the team did not sell tokens, product development will continue
TechFlame
2025-07-08 11:52
TechFlame2025-07-08 11:52
English
According to TechFlame, SOON Co-Founder and CEO Joanna Zeng wrote on the X platform that recently, SOON community and projects are facing abnormal token price fluctuations. The SOON team's preliminary investigation revealed that this fluctuation was suspected to be an organized manipulation. The target involved multiple assets, including SOON, with the intention of creating panic and profiting from it.
SOON officially emphasized that the team did not sell any SOON tokens or profit from this incident; the project will not be terminated as a result, and product development will continue.
SOON Labs said it will continue to advance ecological construction, conduct an in-depth investigation into the incident, and release a detailed analysis report to the community later.