Delta Responds to Token Dumping Allegations: 26 Million DELTA Allocated via OTC with No Lockup, Unable to Control Partner's Sales

Odaily: According to Delta monitoring, the team stated that in the project's early days, an OTC transaction was conducted to allocate 2.6% of the supply, or 26 million DELTA, to a partner in exchange for operational funds and marketing support. Of these, 16.5 million DELTA have been sold, while another 9.5 million remain in two receiving wallets. The team acknowledged that no vesting period, lockup period, or other restrictions were placed on the tokens allocated to the partner, and that they were unable to control the partner's subsequent selling behavior. The team previously communicated with the partner to seek a solution, but the two parties were unable to reach a consensus. The team also provided detailed on-chain transaction records to prove that the team itself did not directly sell DELTA.