Hunter Biden Blames Market Maker for LAPTOP’s 98% Launch-Day Plunge, Denies Team Token Sales
JH Kim
Summary
- Hunter Biden said a market maker was responsible for LAPTOP’s 98% plunge on the day the token launched.
- Biden said through Cointelegraph that LAPTOP’s sharp drop was affected by a market maker’s trading.
- Biden denied claims that the project team sold its tokens and caused the price decline.
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Hunter Biden, the son of former U.S. President Joe Biden, blamed a market maker for LAPTOP’s 98% plunge on its launch day. He denied allegations that the project team sold tokens.
Cointelegraph reported on October 7 that Biden said a market maker’s trading affected LAPTOP’s sharp price drop on the day it launched.
LAPTOP plunged 98% on its launch day.
Biden also denied claims that the project team sold its token holdings and triggered the decline.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.