Bitcoin.com News
Bitcoin.com News|Mar 12, 2025 07:32
🌐💸 Reports suggest venture capital firms and angel investors have found ways to offload locked-up tokens before they can be traded on the open market! Market-making firms like Wintermute, Flowdesk, and Caladan are allegedly facilitating these trades, Bloomberg reported. 💹 Market makers are constructing "two-sided books" on these tokens outside of centralized exchanges, creating a secondary market. However, critics argue that this practice harms concerned projects. José Maria Macedo criticized VCs and angel investors, urging teams to sue for breach of contract. He believes secondary sales should only be approved by the projects. 🧾 What are your thoughts on this controversial practice and its impact on the crypto market?
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