1 year ago
Nansen, who was liable for labelling these wallets, claimed that these addresses showed beardown links to Polygon, nevertheless it removed the statement aft Polygon CEO’s nationalist refute.
Blockchain analytic steadfast Lookonchain flagged a crypto wallet allegedly belonging to Polygon Foundation that transferred ample amounts of Matic tokens connected Binance. Polygon Labs laminitis Sandeep Nailwal refuted the assertion and said it was a lawsuit of mislabeling and the wallet doesn’t beryllium to Polygon Foundation.
One much time, incorrect labelling @lookonchain. This is the 2nd clip this has happened.
Plz beryllium cautious astir these tweets , creates unnecessary FUDs for the assemblage https://t.co/mVpaIYB9Xt
Lookonchain flagged 2 wallets "Polygon Foundation: 0x8d36" and "Polygon Foundation: 0xf957" that collectively deposited implicit $5.5 cardinal worthy of MATIC onto Binance implicit the past 30 days with much than fractional of the magnitude deposited implicit the past 2 days.
Matic deposited connected Binance from Polygon Foundation labeled wallets. Source: EtherscanPolygon Labs CEO Marc Boiron was the archetypal to flag the contented of mislabelling to which the blockchain expert responded that the wallets were labeled by different crypto analytic firm, Nansen.
Nansen responded that they spell done a rigorous process earlier labelling specified wallets and explained that these 2 wallets successful question had shown beardown links to cardinal members of the Polygon.
The steadfast cited cardinal instances of enactment by Polygon Labs executives with wallet code 0x8d365687a75dc7688864822869ae0551bb6fc105, wherever successful 1 lawsuit leads maturation astatine Polygon Sanket had sent ETH to the mentioned code and the aforesaid code has received tokens from backstage rounds Polygon invested successful specified arsenic Hot Cross.
For the 2nd wallet address: 0xf957fa14ea72a9ecd7bdc06c5be89a5a34c7aa89, Nansen claimed that their “counterparties dwell of the erstwhile code 0x8d3 and with different entities that are tied intimately with Polygon with the caput of Investments being 1 example. “
However, Nansen concluded that since Polygon Labs' CEO has publically refuted the claims astir these address’s links to the firm, they are going to region the label. Boiron thanked Nansen for removing the statement and acknowledged that labelling wallets is not an casual task. Polygon didn't respond to Cointelegraph's requests for comments astatine property time.
Magazine: Recursive inscriptions: Bitcoin ‘supercomputer’ and BTC DeFi coming soon
English (US) 