The company alleged that “two of our competitors are spreading false rumors about ARKM movements in an attempt to create FUD.”
Blockchain analytics firm Arkham has accused its fellow competitors of "spreading fear, uncertainty, and doubt (FUD)" after questions arose regarding the firm’s transfer of its native ARKM tokens.
Although Arkham did not name the dissenting competitors, just a few days prior, a post published by fellow blockchain analytics firm Nansen claimed that Arkham “moved over 25.2m ARKM (>$56m) over the past 2 days,” to unlabeled wallets and cryptocurrency exchange Binance. “Let’s take a look at what’s going on because they won’t show you,” wrote Nansen, noting that the ARKM was sent to different Binance addresses with no prior activity, as well as to a fresh wallet address.
Meanwhile, Arkham replied in its April 9 post that the ARKM movements “are of unlocked tokens as per the published tokenomics.” In its first transfer, 20 million ARKM were sent to a novel wallet address as per an approved protocol proposal titled: “Deploy ARKM-secured Chainlink DON for Intel Verification; Add Support for Solana; Establish Treasury Pool I; Implement Bounty Joining." At the same time, developers explained that 5 million ARKM sent from its ecosystem fund were unlocked as per its tokenomics.
