SOON CEO responds to recent coin price fluctuations: suspected of organized manipulation behavior, team has not sold coins and will continue to develop

Foresight News
Foresight News|Jul 08, 2025 13:49
According to Foresight News, Joanna Zeng, CEO and co-founder of SOON, responded to the recent fluctuations in SOON coin prices by stating that "our team's preliminary investigation has found that this fluctuation is suspected to be an organized manipulation behavior, targeting multiple assets, including SOON, with the intention of creating panic and profiting from it. The entity behind this attempt is still unknown, but two things must be declared: the team did not sell any SOON tokens and did not profit from this incident; The project will not be terminated as a result, and product development will continue. SOON Labs will continue to conduct a thorough investigation into the incident and will subsequently release a detailed analysis report to the community
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