Manta Korea BD sells 2 million MANTA, facing doubts; Manta claims the funding for Korea BD aims to expand the market

ChainCatcher news, according to South Korean crypto KOL Definalist's disclosure on social media, Manta Network's Korean BD allegedly transferred 2 million MANTA to a personal wallet of the Korean BD through Bithumb on the day MANTA was listed. Subsequently, 2 million MANTA was deposited into Bithumb, accounting for over 75% of Bithumb's total circulation. This led to MANTA's price on Bithumb skyrocketing to $230 in less than 5 minutes after listing. The BD exchanged 2 million MANTA for 2,094.7 ETH (approximately $5,162,112) at a price of 50~100 times and deposited it into a personal wallet.

BD Wallet: 0x9670359ce856771369ad04A67DD6cF276b9fE8aF

Manta Issuance Wallet: 0x6aedc8c2c8c61a3a34c23520001489b843a10555

In addition, according to an official Medium article from Manta Network, Manta Network is taking a series of measures to expand into the Asian market, especially in South Korea and Hong Kong. Manta Network is establishing a branch in South Korea and allocating part of the Ecosystem / Community funds to the expansion of the Korean market (BD) based on the token economic model.