- According to ChainArgos, there have been several suspicious flows to exchanges from Polygon.
- ChainArgos claimed that the Polygon network has not sustained its original token allocation plan.
- The blockchain intelligence firm highlighted inconsistencies in Polygon’s vesting contract outflows.
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 Polygon network has not sustained its original token allocation plan.
1/ Polygon: more suspicious flows to exchanges. Do you people not check anything?This is only ~200mm but … come on. Maybe a reply is now warranted? https://t.co/reDtyFsecP pic.twitter.com/U0v1AJlkt7
— ChainArgos (@ChainArgos) January 18, 2024
On January 15, the blockchain intelligence firm shared information about its discoveries in Polygon’s token distribution 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.…
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