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DFINITY Founder: SBF Grossly Manipulated Price at ICP Launch to Protect SOL

DFINITY Founder: SBF Grossly Manipulated Price at ICP Launch to Protect SOL

2023/06/12 10:07

In an interview, DFINITY founder and chief scientist Dominic Williams said that when ICP was launched, Token prices were heavily manipulated by the SBF using ICP-PERP (ICP Perpetual Contract) on FTX. DFINITY has since discovered that in order to crash it, the SBF raised the price of ICP by a factor of five. dominic said the SBF did this to defend his large Solana (SOL) holdings. dominic said the SBF stole billions of dollars from FTX customers and then invested it in the Solana ecosystem and later in NEAR and Aptos, among other projects.

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